Srinagar, May 1 -- In a major geopolitical and economic development, the United States and Ukraine have signed a long-awaited agreement to jointly develop Ukraine's vast natural resources. The pact, sealed in Washington on Wednesday, marks a significant shift in US-Ukraine cooperation and aims to fuel Ukraine's war-torn economy through a newly established US-Ukraine Reconstruction Investment Fund.

Announced by US Treasury Secretary Scott Bessent, the deal is designed to unlock Ukraine's critical growth assets, including valuable reserves of graphite, titanium, and lithium-materials vital for clean energy, defense, and industrial sectors. With global demand surging and amid an ongoing US trade war with China-currently dominating 90% of ra...