**Ukraine’s Economy Minister Breaks Down US Minerals Deal and Debunks Myths Surrounding It**
In an exclusive interview, Ukraine’s Economy Minister Yulia Svyrydenko sat down with The Kyiv Independent’s business editor Liliane Bivings to discuss the U.S.-Ukraine “minerals deal.” The agreement aims to launch a new joint investment fund for projects in critical minerals, oil and gas, and related infrastructure. Svyrydenko addressed myths surrounding the deal and shared her impressions of the infamous Oval Office meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky.
**The US Minerals Deal: What’s It All About?**
Under the agreement, the two countries plan to establish a joint investment fund that will support projects in critical minerals, oil and gas, and related infrastructure. The returns on these investments will be shared over a 10-year period. Svyrydenko emphasized that this deal is a significant opportunity for Ukraine, citing the country’s rich natural resources and its potential to become a reliable partner for the U.S.
**Debunking Myths Surrounding the Deal**
Svyrydenko also addressed common misconceptions surrounding the US minerals deal. Some have claimed that the agreement favors American companies over Ukrainian ones. However, Svyrydenko assured that this is not the case, saying that the fund will be open to all qualified investors, including Ukrainian companies.
**Ukraine: A Good Business Case for the U.S.?**
Svyrydenko shared her impressions of the Oval Office meeting between Trump and Zelensky. She emphasized that Ukraine has a lot to offer as a business partner, citing its strategic location, rich natural resources, and growing economy. Svyrydenko also highlighted Ukraine’s role in supporting the U.S. in various international forums.
**Aviation Disruptions Continue**
Meanwhile, disruptions in Russia’s aviation sector continued to plague major hubs across the country. According to Rosaviatsiya, a total of 485 flights were canceled, 88 were diverted to alternate airports, and another 1,900 were delayed since July 5. This is just one example of the ongoing challenges facing Russia’s economy.
**Other News from Around the World**
In other news, an explosion on board a tanker in Russia’s Ust-Luga port caused an ammonia leak on July 6. Restrictions were also imposed on 60 legal entities and 73 Russian citizens due to their alleged involvement in sanctions evasion.
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