USA‑Ukraine fund signals shift in post-aid relations
Deputy Chairman of the Russian Security Council, Dmitry Medvedev, commented on the economic partnership agreement between the USA and Ukraine. "May has begun turbulently. And certainly not peacefully," Medvedev stated.
What you need to know
- The United States and Ukraine have signed an agreement to establish the American-Ukrainian Investment Fund for Reconstruction, which aims to expedite Ukraine's economic recovery.
- Both parties will create a joint fund, the profits of which will be reinvested solely in Ukraine.
- Dmitry Medvedev has given his thoughts on the agreement between Washington and Kyiv.
On 30th April, the United States and Ukraine signed a long-awaited mineral resources agreement. According to Donald Trump's administration, it signifies a new form of American commitment to Ukraine's reconstruction following the end of military aid.
- This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term - emphasised U.S. Treasury Secretary Scott Bessent.
Russia reacts to the US-Ukraine agreement
The initial reactions from Moscow have surfaced regarding the US Treasury Department's announcement of the signed agreement, which will grant Washington access to Kyiv's rare earth minerals in return for creating an investment fund in Ukraine. Deputy Chairman of the Russian Security Council Dmitry Medvedev noted, "Trump has finally compelled Kyiv to pay for American aid."
"Now they will have to pay for military supplies with the national wealth of a diminishing country" - Medvedev wrote on Telegram.
"The US Senate, led by Republicans, is preparing to impose more 'crushing sanctions' on us. Let's see the reaction of the new administration. Trump's ratings are falling, and the 'deep state' fiercely opposes him" - the Deputy Chairman of the Russian Security Council rants. He concludes his argument by stating, "May has begun turbulently. And certainly not peacefully."
In the same post, Medvedev once again attacks Europe - this time concerning increased American tariffs. He writes about "crazy, old Europe" which cannot "bend" to Trump and is in a completely different position compared to resource-rich China, as their "economy will surely withstand any pressure."
