Washington, May 1 -- The United States and Ukraine have reached an agreement on establishing the joint Reconstruction Investment Fund, which, according to the Ukrainian government, is part of a broader minerals deal between the two countries, the US Treasury Department said.

"On April 30, the United States and Ukraine signed an agreement to establish the United States-Ukraine Reconstruction Investment Fund. In recognition of the significant financial and material support that the people of the United States have provided to the defense of Ukraine since Russia's full-scale invasion, this economic partnership positions our two countries to work collaboratively and invest together to ensure that our mutual assets, talents, and capabilities ca...