Ukraine Says Minerals Deal With US Progressing ‘Nicely’

An excavator at a graphite mine in the Kirovohrad region, Zavallya, Ukraine.

Photographer: Olena Koloda/Bloomberg

Ukraine’s deal to give the US sweeping rights to natural resources projects is advancing as both sides launch operations of a fund that the Trump administration demanded in return for further support for the war-torn country, Ukraine’s economy minister said.

“The fund is progressing very nicely,” Ukrainian Economy Minister Oleksii Sobolev told Bloomberg TV Friday while on a trip to the US.