Manila, May 1 -- Washington and Kiev signed an agreement giving the United States access to Ukrainian mineral resources, Bloomberg wrote citing sources.

According to the report, the US will receive privileged access to new investment projects in this sector, including the production of aluminum, graphite, oil, and natural gas.

Ukraine deputy premier Yulia Sviridenko confirmed the signing of the minerals deal with the US.

The signing of the minerals deal between the US and Ukraine is set to demonstrate Washington's commitment to peace resolution of the Ukrainian crisis, US Secretary of the Treasury Scott Bessent said in a statement.

"This agreement signals clearly to Russia that the Trump Administration is committed to a peace process ...