Bessent: US–Ukraine Minerals Deal Will Transform War-Torn Nation, Protect US Taxpayers

Bessent emphasized that the plan would not burden Ukraine with debt or transfer Ukrainian assets to U.S. ownership.
Bessent: US–Ukraine Minerals Deal Will Transform War-Torn Nation, Protect US Taxpayers
U.S. Secretary of Treasury Scott Bessent attends a meeting with Ukraine's president in Kyiv on Feb. 12, 2025. Tetiana Dzhafarova/AFP via Getty Images
Tom Ozimek
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Treasury Secretary Scott Bessent said on Feb. 22 that President Donald Trump’s proposed economic partnership with Ukraine would benefit both countries by securing U.S. taxpayer interests while fueling Ukraine’s postwar recovery, transforming the embattled country into one that is rich and stable.

In a Feb. 22 op-ed for the Financial Times, Bessent outlined the deal, in which the Ukrainian government would allocate its revenue from natural resources, infrastructure, and other assets to a fund dedicated to long-term reconstruction and development, with the United States having economic and governance rights in those future investments.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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