There were various potential names for the rare earths, minerals, natural resources and economic agreement that the US and Ukraine had hoped to conclude immediately after the inauguration of US President Donald Trump in January.

In the end, after a number of attempts and amendments, an agreement to establish a United States-Ukraine Reconstruction Fund was signed between Washington and Kyiv on April 30.

It consists of just 10 pages, with a two-page appendix. "Together with the United States, we are creating the Fund that will attract global investment into our country," Ukrainian First Deputy Prime Minister Yulia Svyrydenko posted on Facebook. The agreement does not mention any Ukrainian debt obligations to the US, nor does it change Kyiv's course towards European integration.

Svyrydenko said that the US would make contributions to the fund. In addition to direct funds, she said, it could include air defense systems for Ukraine. For its part, Kyiv will contribute 50% of revenues from new licenses for extracting raw materials to the fund and can also make additional contributions.

The idea then is that fund invest the money into projects for extracting fossil fuels, oil and gas, as well as intor related infrastructure or recycling, she said. Accordingly, Ukraine and the USA........

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