Ukraine and the US have agreed on the terms of a deal to jointly develop Ukraine's mineral resources, including oil and gas, the Financial Times, Bloomberg, and Reuters reported on Tuesday, citing unnamed sources familiar with the matter.
Unnamed Ukrainian officials told the FT, which first reported on the development, that Kyiv was now ready to sign the agreement after the US gave up on its initial demand for $500 billion in revenue from the exploitation of Ukraine's mineral resources.
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
