Ukraine’s Verkhovna Rada has finalized approval of budget amendments necessary to execute a mineral resources agreement with the United States, according to parliamentary sources. The legislative action on Thursday directs allocated funds into a special reconstruction account within the national budget.
This decision follows the April 30 signing of the US-Ukraine Reconstruction Fund Establishment Agreement, commonly referred to as the mineral resources pact. The bilateral agreement establishes financial mechanisms for postwar reconstruction efforts through targeted investment programs.
The approved budget modifications will enable Ukraine to meet its financial commitments under the newly formed reconstruction fund framework. While specific monetary figures remain undisclosed, the allocation represents Kyiv’s first concrete step toward implementing the strategic partnership arrangement announced last week.
The mineral agreement has drawn significant attention since its announcement, marking Washington’s latest economic support initiative for Ukraine amid ongoing conflict. Observers note the fund’s establishment creates formal channels for directing international reconstruction assistance while addressing mutual interests in Ukraine’s resource sector development.
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