Agreement with US considers previous minerals agreements with EU, says Ukraine's PM

Prime Minister of Ukraine Denys Shmyhal has said that the minerals agreement with the United States takes account of agreements previously reached with the European Union in this area. 

Source: Shmyhal during the national joint 24/7 newscast, as reported by European Pravda

Details: Shmyhal said that while the talks with the United States were going on, the Ukrainian side also spoke with the European side.

He recalled that Ukraine signed a memorandum of cooperation in the field of critical raw minerals with the European Union in 2021 and stressed that the United States recognises the priority of European integration for Ukraine.

Quote from Shmyhal: "This agreement takes into account the interests of our European integration, as well as our cooperation with international financial organisations… The legal text of the agreement states that ‘in drafting the agreement on the establishment of an investment fund, the participants – that is, the governments of the United States and Ukraine – should avoid conflicts with Ukraine's obligations as part of its accession to the European Union’."

Details: Shmyhal reiterated that the memorandum signed with the EU has been taken into account in the agreements with the United States. 

Background: 

• The Prime Minister said that the government will consider the text of the minerals agreement that Ukraine plans to sign with the United States at a meeting on 26 February and will authorise ministers to sign it.
• Shmyhal said the agreement is directly tied to security guarantees.

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