In fresh days, Mike Waltz, National safety Advisor for the White House, has announced that the president of Ukraine, Volodymyr Zelenski, will shortly sign an agreement with the United States on uncommon earth mining. This agreement is to be part of the efforts to end the war in Ukraine.
According to Waltz, the agreement will have a affirmative impact on the economical and geopolitical situation of Ukraine. "This is good for her," he said. Waltz's message besides seems to propose that tensions between the president of Ukraine and the president of the United States, Donald Trump, may have been alleviated. Before that, their relation was tense, but now there is simply a chance for better cooperation, which may be crucial in the context of the ongoing conflict.
Extraction of uncommon Earth Metals: fresh Chance for Ukraine
Ukraine has crucial uncommon earth deposits that are essential for the production of modern technologies specified as smartphones, computers and electrical cars. The extraction of these metals can bring crucial economical benefits to Ukraine and strengthen its position on the global market.
According to planet Bank data, Ukraine has about 10% of planet uncommon earth metallic reserves. The extraction of these metals can bring Ukraine about $1.5 billion a year, accounting for about 10% of Ukrainian GDP.
Cooperation with the USA: A Chance for economical Development
Cooperation with the US is simply a unique chance for Ukraine. Waltz stressed that nothing can be better for Kiev than economical partnership with a powerful country like the United States. This cooperation can bring Ukraine access to fresh technologies, investments and markets, which can aid the country's economical development.
According to USAID data, the United States is 1 of the largest investors in Ukraine, with investments worth about $1.5 billion. economical cooperation between Ukraine and the US can benefit both parties, including increased trade, investment and economical development.
Consequences for Poland and Europe
The agreement between Ukraine and the US on the extraction of uncommon earth metals can besides have consequences for Poland and Europe. Poland, as 1 of Ukraine's largest trading partners, can benefit from increased trade and investment between Ukraine and the USA.
According to CSO data, trade between Poland and Ukraine amounted to around $10 billion in 2022. economical cooperation between Ukraine and the US can bring Poland fresh trade and investment opportunities, which can aid the country's economical development.
Conclusion
The agreement between Ukraine and the US on uncommon earth mining is an crucial step towards ending the war in Ukraine and the economical improvement of the country. economical cooperation between Ukraine and the US can benefit both parties, including increased trade, investment and economical development.
According to Waltz, this agreement will have a affirmative impact on the economical and geopolitical situation of Ukraine. "This is good for her," he said. economical cooperation between Ukraine and the US can bring fresh trade and investment opportunities, which can aid the country's economical development.
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Ukraine and the United States: A fresh Era of economical Cooperation
