The U.S. and Ukraine have signed the minerals deal, reported Bloomberg, citing a source "familiar with the accord".
"The deal will grant the US privileged access to new investment projects to develop Ukraine’s natural resources including aluminum, graphite, oil and natural gas," they reported.
This comes as Ukrainian Prime Minister Denys Shmyhal announced that the Ukrainian Minister of Economic Development Yulia Svyrydenko was on her way to Washington. Shmyhal stated that he hoped that the agreement would be signed within 24 hours.
"The deal will grant the US privileged access to new investment projects to develop Ukraine’s natural resources including aluminum, graphite, oil and natural gas," they reported.
This comes as Ukrainian Prime Minister Denys Shmyhal announced that the Ukrainian Minister of Economic Development Yulia Svyrydenko was on her way to Washington. Shmyhal stated that he hoped that the agreement would be signed within 24 hours.
🤣44👍5❤2👎1😈1
AMK Mapping
The U.S. and Ukraine have signed the minerals deal, reported Bloomberg, citing a source "familiar with the accord". "The deal will grant the US privileged access to new investment projects to develop Ukraine’s natural resources including aluminum, graphite…
The U.S. Department of the Treasury confirmed that the U.S. and Ukraine have signed the United States-Ukraine Reconstruction Investment Fund, part of which will give the U.S. preferential access to new Ukrainian natural resources deals.
"This economic partnership positions our two countries to work collaboratively and invest together to ensure that our mutual assets, talents, and capabilities can accelerate Ukraine’s economic recovery," said Treasury Secretary Scott Bessent in a press release.
The Ukrainian Minister of Economic Development Yulia Svyrydenko also confirmed that she signed the deal in Washington on behalf of the Ukrainian government. "Together with the United States, we are creating the Fund that will attract global investment into our country," she said.
The deal includes the following, as stated by Svyrydenko:
1. Full ownership and control will remain with Ukraine. All resources on Ukrainian territory and in territorial waters belong to Ukraine. It is the Ukrainian state that determines where and what to extract. The subsoil remains state property.
2. Equal partnership. The fund is being created on a 50/50 basis. Ukraine will manage this fund jointly with the United States. Neither party will have a majority vote, which Svyrydenko said reflects "an equal partnership between Ukraine and the United States."
3. National property is protected. The agreement does not foresee any changes in the privatisation processes or management of state-owned companies — they will continue to belong to Ukraine. Companies like Ukrnafta (oil industry) or Energoatom (nuclear energy industry) remain state-owned.
4. No debts. The agreement does not mention any debt obligations of Ukraine to the U.S. The implementation of the agreement will allow both countries to increase their economic potential through equal cooperation and investment.
5. The Agreement complies with the Ukrainian Constitution and does not change the European integration course. The document is consistent with national legislation and does not contradict any international obligations of Ukraine.
6. The fund will be filled with income only from new licenses. This concerns 50% of the funds from new licenses for projects in the field of critical materials and oil and gas, which will be transferred to the budget after the creation of the Fund. Income from projects already underway or budgeted revenues are not included in the Fund. The agreement refers to further strategic cooperation.
7. Legislative changes "are only spot-on." The Fund's operation requires only amendments to the Budget Code. The Agreement itself must be ratified by the Verkhovna Rada (unicameral parliament of Ukraine).
8. The United States will help attract additional investment and technology. The fund is supported by the US government through the Development finance institution (DFC) agency. The DFC will help Ukraine attract investments and technologies from funds and companies in both the US and the EU, as well as other countries that support Ukraine.
9. The agreement provides tax guarantees. The Fund's income and contributions are not taxed in either the US or Ukraine. This is so that investing yields the greatest possible results.
"This economic partnership positions our two countries to work collaboratively and invest together to ensure that our mutual assets, talents, and capabilities can accelerate Ukraine’s economic recovery," said Treasury Secretary Scott Bessent in a press release.
The Ukrainian Minister of Economic Development Yulia Svyrydenko also confirmed that she signed the deal in Washington on behalf of the Ukrainian government. "Together with the United States, we are creating the Fund that will attract global investment into our country," she said.
The deal includes the following, as stated by Svyrydenko:
1. Full ownership and control will remain with Ukraine. All resources on Ukrainian territory and in territorial waters belong to Ukraine. It is the Ukrainian state that determines where and what to extract. The subsoil remains state property.
2. Equal partnership. The fund is being created on a 50/50 basis. Ukraine will manage this fund jointly with the United States. Neither party will have a majority vote, which Svyrydenko said reflects "an equal partnership between Ukraine and the United States."
3. National property is protected. The agreement does not foresee any changes in the privatisation processes or management of state-owned companies — they will continue to belong to Ukraine. Companies like Ukrnafta (oil industry) or Energoatom (nuclear energy industry) remain state-owned.
4. No debts. The agreement does not mention any debt obligations of Ukraine to the U.S. The implementation of the agreement will allow both countries to increase their economic potential through equal cooperation and investment.
5. The Agreement complies with the Ukrainian Constitution and does not change the European integration course. The document is consistent with national legislation and does not contradict any international obligations of Ukraine.
6. The fund will be filled with income only from new licenses. This concerns 50% of the funds from new licenses for projects in the field of critical materials and oil and gas, which will be transferred to the budget after the creation of the Fund. Income from projects already underway or budgeted revenues are not included in the Fund. The agreement refers to further strategic cooperation.
7. Legislative changes "are only spot-on." The Fund's operation requires only amendments to the Budget Code. The Agreement itself must be ratified by the Verkhovna Rada (unicameral parliament of Ukraine).
8. The United States will help attract additional investment and technology. The fund is supported by the US government through the Development finance institution (DFC) agency. The DFC will help Ukraine attract investments and technologies from funds and companies in both the US and the EU, as well as other countries that support Ukraine.
9. The agreement provides tax guarantees. The Fund's income and contributions are not taxed in either the US or Ukraine. This is so that investing yields the greatest possible results.
🤣41🤬8👍4👀4❤1😈1
AMK Mapping
The U.S. Department of the Treasury confirmed that the U.S. and Ukraine have signed the United States-Ukraine Reconstruction Investment Fund, part of which will give the U.S. preferential access to new Ukrainian natural resources deals. "This economic partnership…
Svyrydenko also added some further information regarding how the deal works:
The U.S. will contribute to the fund. In addition to direct funds, they can also provide new assistance (e.g. air defense systems for Ukraine). Ukraine will contribute 50% of the state budget revenues from new rents on new licenses for new areas.
"Ukraine can also make additional contributions beyond this basic amount if it deems it necessary. This is a cooperation for decades to come," she added.
After this, the fund will invest in mineral, oil and gas projects. Related infrastructure or processing will also be included. The specific investment projects which will be funded have not been decided on and will be determined jointly by Ukraine and the U.S. However, the fund can invest exclusively in Ukraine.
Svyrydenko said that she expects that for the first ten years, the fund's profits and revenues will not be distributed, but only be invested in Ukraine, whether that be for new projects or reconstruction from the war. These conditions have not been entirely laid out and will be discussed further.
Svyrydenko expressed her belief that in signing this agreement, the U.S. desires to contribute to achieving long-term peace in Ukraine "and recognises the contribution that Ukraine has made to global security by abandoning its nuclear arsenal."
The U.S. will contribute to the fund. In addition to direct funds, they can also provide new assistance (e.g. air defense systems for Ukraine). Ukraine will contribute 50% of the state budget revenues from new rents on new licenses for new areas.
"Ukraine can also make additional contributions beyond this basic amount if it deems it necessary. This is a cooperation for decades to come," she added.
After this, the fund will invest in mineral, oil and gas projects. Related infrastructure or processing will also be included. The specific investment projects which will be funded have not been decided on and will be determined jointly by Ukraine and the U.S. However, the fund can invest exclusively in Ukraine.
Svyrydenko said that she expects that for the first ten years, the fund's profits and revenues will not be distributed, but only be invested in Ukraine, whether that be for new projects or reconstruction from the war. These conditions have not been entirely laid out and will be discussed further.
Svyrydenko expressed her belief that in signing this agreement, the U.S. desires to contribute to achieving long-term peace in Ukraine "and recognises the contribution that Ukraine has made to global security by abandoning its nuclear arsenal."
🤣29🤬10👍2
Russian forces have captured the village of Nove, Lyman direction, Donetsk Oblast.
Pre-war population: ~880.
Pre-war population: ~880.
👍49🥰11❤4😇3
In the Kostyantynivka direction, Russian forces continued their advance and have reached the village of Dyliivka.
Russian forces advanced northwest up the windbreaks on either side of the railway tracks for at least 2.6km, capturing positions on the approaches to Dyliivka. The first Russian soldiers entered the village; however, it is unclear how many entered and if they have captured any positions yet.
Additionally, the frontline was corrected to the south, with Russian forces confirmed to be in control of most of the southern residential area of the village of Dachne which they re-entered after being pushed out earlier this year and regrouping outside it. Multiple attempts were made by Ukrainian forces to counterattack and recapture positions in the village; however, they were all repelled. The northern part of this residential area remains in the grey zone and is not a result of Ukrainian counterattacks.
+ ~1.75km² in favour of Russia.
Russian forces advanced northwest up the windbreaks on either side of the railway tracks for at least 2.6km, capturing positions on the approaches to Dyliivka. The first Russian soldiers entered the village; however, it is unclear how many entered and if they have captured any positions yet.
Additionally, the frontline was corrected to the south, with Russian forces confirmed to be in control of most of the southern residential area of the village of Dachne which they re-entered after being pushed out earlier this year and regrouping outside it. Multiple attempts were made by Ukrainian forces to counterattack and recapture positions in the village; however, they were all repelled. The northern part of this residential area remains in the grey zone and is not a result of Ukrainian counterattacks.
+ ~1.75km² in favour of Russia.
👍43🥰7❤2
Russian forces continue to advance on the eastern flank of Pokrovsk and have captured a section of the Pokrovsk - Kostyantynivka highway.
Russian forces, likely from the 20th Motorized Rifle Division, advanced northwest from their positions in the newly captured village of Berezivka, capturing new positions in the treeline northwest of the village. From there they simultaneously pushed northeast up the next treeline, and west to the highway, where they managed to entrench in the treeline there.
After gaining a foothold on the highway, Russian forces pushed northeast and southwest, expanding their zone of control and pushing Ukrainian forces to the ruins of the overpass from a second direction (the first direction was from the south, but Ukraine managed to recapture the overpass). The grey zone now also extends to the outskirts of the village of Nova Poltavka.
+ ~3.64km² in favour of Russia.
Russian forces, likely from the 20th Motorized Rifle Division, advanced northwest from their positions in the newly captured village of Berezivka, capturing new positions in the treeline northwest of the village. From there they simultaneously pushed northeast up the next treeline, and west to the highway, where they managed to entrench in the treeline there.
After gaining a foothold on the highway, Russian forces pushed northeast and southwest, expanding their zone of control and pushing Ukrainian forces to the ruins of the overpass from a second direction (the first direction was from the south, but Ukraine managed to recapture the overpass). The grey zone now also extends to the outskirts of the village of Nova Poltavka.
+ ~3.64km² in favour of Russia.
👍42🥰5❤2
In the Pokrovsk direction, Russian forces recently advanced and recaptured key trench strongpoints near the town of Shevchenko.
Russian forces from the 74th Separate Motorised Rifle Brigade advanced through the low-lying ground from their positions northwest of the village of Vidrodzhennia and recaptured previously lost positions in the windbreaks on either side of the railway tracks. Additional positions were captured in the forest plantations between the windbreaks and Shevchenko.
From there, Russian forces continued to push northeast, clearing out several trench networks and reaching the primary cluster of strongpoints southwest of the intersection between the two railway lines. They managed to enter these strongpoints, seizing the positions there, forcing Ukrainian troops to withdraw to the next network of trenches to the northeast.
In addition to this, Russian forces advanced along the forest plantations to the east in the direction of the village of Novoukrainka, and also captured the forest plantations further north of the ones which were initially captured between the railway line and Shevchenko.
The eastern flank of the Russian garrison in Shevchenko is now fully secured, significantly complicating any future Ukrainian attempts to enter the town from the east and get behind Russian positions there.
+ ~1.68km² in favour of Russia.
Russian forces from the 74th Separate Motorised Rifle Brigade advanced through the low-lying ground from their positions northwest of the village of Vidrodzhennia and recaptured previously lost positions in the windbreaks on either side of the railway tracks. Additional positions were captured in the forest plantations between the windbreaks and Shevchenko.
From there, Russian forces continued to push northeast, clearing out several trench networks and reaching the primary cluster of strongpoints southwest of the intersection between the two railway lines. They managed to enter these strongpoints, seizing the positions there, forcing Ukrainian troops to withdraw to the next network of trenches to the northeast.
In addition to this, Russian forces advanced along the forest plantations to the east in the direction of the village of Novoukrainka, and also captured the forest plantations further north of the ones which were initially captured between the railway line and Shevchenko.
The eastern flank of the Russian garrison in Shevchenko is now fully secured, significantly complicating any future Ukrainian attempts to enter the town from the east and get behind Russian positions there.
+ ~1.68km² in favour of Russia.
👍36🥰9❤1
In the Novopavlivka direction, Russian forces continue to advance and have captured further positions in the direction of the village of Troitske.
Russian forces from the 90th tank division, reinforced in the rear by the elements of the 137th separate motorised rifle brigade, advanced west from their positions in the eastern part of the forest west of the village of Preobrazhenka and completed its capture.
Once this forest was secured, Russian forces pushed south from a treeline, entering another treeline, and are approaching Troitske from the north. Ukrainian forces maintain control of the southern part of the treeline, attempting to hold a buffer zone northeast of Troitske, however a weak point has formed in the fields between two treelines. This will likely be monitored and covered by Ukrainian drones.
+ ~0.26km² in favour of Russia.
Russian forces from the 90th tank division, reinforced in the rear by the elements of the 137th separate motorised rifle brigade, advanced west from their positions in the eastern part of the forest west of the village of Preobrazhenka and completed its capture.
Once this forest was secured, Russian forces pushed south from a treeline, entering another treeline, and are approaching Troitske from the north. Ukrainian forces maintain control of the southern part of the treeline, attempting to hold a buffer zone northeast of Troitske, however a weak point has formed in the fields between two treelines. This will likely be monitored and covered by Ukrainian drones.
+ ~0.26km² in favour of Russia.
👍32👏3❤1
AMK Mapping
In the Novopavlivka direction, Russian forces continue to advance and have captured further positions in the direction of the village of Troitske. Russian forces from the 90th tank division, reinforced in the rear by the elements of the 137th separate motorised…
Further information on the tactical situation around the village of Troitske - the second to last village before Dnipropetrovsk Oblast.
Ukrainian forces are holding a defence in two main areas - on the treeline north of Troitske, and the treeline northeast of Troitske. Both sides have likely have problems with supplies here.
Russia has recently brought in new forces from the rear in the form of elements of the 137th separate motorized rifle brigade and unknown units from the 51st separate army and 201st Rifle Division, while the 90th Tank Division continues to operate here as usual. This will complicate defensive operations for Ukraine as they are now further outnumbered and outgunned and likely struggle with supplying the treeline north of Troitske due to a 590-metre-long field between the village and the treeline, which is complicated further by the high activity of Russian FPV drones.
Russian forces on the other hand have to travel for 790 metres offroad, or 1km along the dirt road to reach their foothold in the northern part of the treeline northeast of Troitske.
Additionally, as a result of the recent advances here, a weak spot (yellow circle) has opened up for Ukraine, with their buffer zone now being cut into two pieces. Ukraine will likely cover this weak spot with drones to prevent Russian forces from using it as a route to gain a foothold in eastern Troitske.
Its possible that the situation in the nearby village of Bohdanivka (which Ukraine recently recaptured) will play a major role too, but this partially depends on Russia's tactics. If Russia chooses to attack Troitske from the treeline northeast of the village and seize the Ukrainian positions just outside the settlement, the positioning of the Ukrainian forces in Bohdanivka and to the north of it may complicate an advance into the eastern houses of Troitske.
On the other-hand, the "Bohdanivka effect" may not be as significant if Russian forces choose to attack along the treeline north of Troitske and enter the village from here, but that would involve crossing that 590-metre-long field before even attempting to gain a foothold, not to mention having to resupply their soldiers in the houses there against the Ukrainian garrison who would likely be in a better position inside the village itself, and certainly better than their position in the treelines outside the village.
There is obviously the possibility that Russia will choose to attack and recapture Bohdanivka first, before making any direct attempts to gain a foothold in and capture Troitske. But once again, the positioning of the cover (treelines and forest plantations) in Bohdanivka is not in Russia's favour.
Of course, some may look at the map update I made showing the Russian advance along the treeline north of Troitske and think that this is the route that Russia is going down, however prior to this advance, Russia was not exerting much pressure on Ukraine's northern flank of Troitske, which allowed for easier defensive operations elsewhere near the village. This new advance may simply be the age-old tactic of stretching, probing and pressuring the front with the goal of collapsing it westwards, and in this case - away from the more difficult obstacles.
Ukrainian forces are holding a defence in two main areas - on the treeline north of Troitske, and the treeline northeast of Troitske. Both sides have likely have problems with supplies here.
Russia has recently brought in new forces from the rear in the form of elements of the 137th separate motorized rifle brigade and unknown units from the 51st separate army and 201st Rifle Division, while the 90th Tank Division continues to operate here as usual. This will complicate defensive operations for Ukraine as they are now further outnumbered and outgunned and likely struggle with supplying the treeline north of Troitske due to a 590-metre-long field between the village and the treeline, which is complicated further by the high activity of Russian FPV drones.
Russian forces on the other hand have to travel for 790 metres offroad, or 1km along the dirt road to reach their foothold in the northern part of the treeline northeast of Troitske.
Additionally, as a result of the recent advances here, a weak spot (yellow circle) has opened up for Ukraine, with their buffer zone now being cut into two pieces. Ukraine will likely cover this weak spot with drones to prevent Russian forces from using it as a route to gain a foothold in eastern Troitske.
Its possible that the situation in the nearby village of Bohdanivka (which Ukraine recently recaptured) will play a major role too, but this partially depends on Russia's tactics. If Russia chooses to attack Troitske from the treeline northeast of the village and seize the Ukrainian positions just outside the settlement, the positioning of the Ukrainian forces in Bohdanivka and to the north of it may complicate an advance into the eastern houses of Troitske.
On the other-hand, the "Bohdanivka effect" may not be as significant if Russian forces choose to attack along the treeline north of Troitske and enter the village from here, but that would involve crossing that 590-metre-long field before even attempting to gain a foothold, not to mention having to resupply their soldiers in the houses there against the Ukrainian garrison who would likely be in a better position inside the village itself, and certainly better than their position in the treelines outside the village.
There is obviously the possibility that Russia will choose to attack and recapture Bohdanivka first, before making any direct attempts to gain a foothold in and capture Troitske. But once again, the positioning of the cover (treelines and forest plantations) in Bohdanivka is not in Russia's favour.
Of course, some may look at the map update I made showing the Russian advance along the treeline north of Troitske and think that this is the route that Russia is going down, however prior to this advance, Russia was not exerting much pressure on Ukraine's northern flank of Troitske, which allowed for easier defensive operations elsewhere near the village. This new advance may simply be the age-old tactic of stretching, probing and pressuring the front with the goal of collapsing it westwards, and in this case - away from the more difficult obstacles.
👍27🔥4
AMK Mapping
Further information on the tactical situation around the village of Troitske - the second to last village before Dnipropetrovsk Oblast. Ukrainian forces are holding a defence in two main areas - on the treeline north of Troitske, and the treeline northeast…
And yes, I know, this doesn't take into account the topography of the area. That will have an effect too, but I don't want this post being any longer than it is now lol
👍28
By the way, I need to thank you guys for all the support lately, it's been really amazing. I appreciate all of your kind messages, comments and DMs. It really motivates me to continue my reporting journey.
I truly love what I do, and I am so glad I have the opportunity to not only do what I love but also share it with all of you, who actually appreciate it!
I'm looking forward to improving and making my content as informative, useful and reliable as I can.
I truly love what I do, and I am so glad I have the opportunity to not only do what I love but also share it with all of you, who actually appreciate it!
I'm looking forward to improving and making my content as informative, useful and reliable as I can.
👍79❤24🤝5🥰2
Possible launches of Storm Shadow Cruise Missiles from Ukrainian Su-24/MiG-29s over Mykolaiv in the direction of Crimea.
🤬32🔥5👏3👍2👎2🤔1😨1
Launch maneuvers were confirmed west of Kherson City. It is unclear if these are simulated, of glide-bombs or of Storm Shadows.
👍19🤔1🤬1
The roads around Sevastopol Bay have been closed due to the threat of missiles.
🔥17👍4🤬2
AMK Mapping
The roads around Sevastopol Bay have been closed due to the threat of missiles.
No missiles have arrived in Crimea yet. These launches were likely simulated.
👍10🤔4