Paul Kirby, James FitzGerald and Tom Geoghegan
BBC News
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The US and Ukraine person signed a woody that volition springiness Washington entree to immoderate of the war-torn country's earthy resources.
Months successful the making, it sets up an concern money that Ukraine hopes volition cement US assistance arsenic the state struggles to repel Russia 3 years aft the invasion.
The BBC has seen a draught of the woody but not the last text. Based connected that and the nationalist statements from some sides, present are 7 cardinal takeaways.
No Ukrainian payback to US
Trump has antecedently demanded that Ukraine wage backmost the $350bn (£264bn) of assistance that helium claims has been provided by the US during the warfare - a information that Zelensky rejected.
But Washington appears to person made a concession. Ukrainian Prime Minister Denys Shmyhal said the statement did not dictate that his state wage backmost immoderate expected "debt".
Trump has styled the statement arsenic a triumph for his broadside arsenic well, saying his state volition get backmost "much much successful theory" than the billions that were provided to Ukraine by his predecessor Joe Biden.
Tougher code from US towards Putin
The connection utilized by the US successful announcing the woody is notably harsher towards Russia than is usually the lawsuit from the Trump administration.
A connection by the US Treasury Department refers to "Russia's afloat standard invasion" and adds that "no authorities oregon idiosyncratic who financed oregon supplied the Russian warfare instrumentality volition beryllium allowed to payment from the reconstruction of Ukraine".
This volition hearten Kyiv, which has demanded much unit beryllium placed connected Russia successful talks betwixt Moscow and Washington discussing a imaginable ceasefire.
Watch: US signs historical earthy resources woody with Ukraine says Scott Bessent
Oil and state included alongside minerals
Despite the information that overmuch of the speech astir the woody relates to Ukraine's mineral wealth, the statement besides includes provisions for caller lipid and state projects, and related infrastructure.
In each cases, the resources enactment successful Ukrainian ownership, adjacent though the US volition get associated access.
This has been seen arsenic a softening of the Ukrainian position, since it was not successful earlier drafts of the deal.
No hindrance to Kyiv's EU ambitions
Ukraine has agelong aspired to articulation the European Union and accession talks formally began past June.
There were immoderate concerns successful Kyiv that the resources woody could hinder Ukraine's quality to articulation the EU, if it gave preferential attraction to US investors, arsenic Kyiv and Brussels already person a strategical concern connected earthy materials.
But the deal's substance says that the US acknowledges Ukraine's volition to articulation the EU and the request for this statement not to struggle with that.
It besides says that if Ukraine needs to revisit the presumption of the woody due to the fact that of "additional obligations" arsenic portion of joining the EU, past the US agrees to negociate successful bully faith.
Additionally, Kyiv says the US volition enactment further transfers of concern and exertion successful Ukraine, including from the EU and elsewhere.
Profits to beryllium reinvested successful Ukraine for 10 years
Another intriguing constituent of the woody is that, for the archetypal decennary of the reconstruction concern fund, profits volition beryllium "fully reinvested successful Ukraine's economy".
This is perchance important if determination is nary fiscal payment for the US for 10 years. Ukraine says it expects that immoderate wealth that comes into the money volition spell towards rebuilding the state and caller projects.
After that archetypal period, profits whitethorn beryllium distributed betwixt the partners. US Treasury Secretary Scott Bessent told Fox News that the woody was a awesome to the American radical that "we person a accidental to participate, get immoderate of the backing and the weapons, compensation for those and beryllium partners with the occurrence of the Ukraine people".
A US subject committedness backmost connected table...
The US has framed the woody arsenic an indispensable 1 to motion if Ukraine is to proceed to person its subject assistance.
Ukrainian First Deputy Prime Minister Yulia Svyrydenko - who flew to Washington DC to motion the woody - said it envisaged the US contributing caller assistance successful the future, specified arsenic aerial defence systems.
This, too, would people a alteration successful strategy for Trump - who has sought to upwind down subject enactment for Ukraine since returning to the White House.
One outstanding question is what the accord volition yet mean for the authorities of the war. The Kremlin has not yet responded to the agreement.
...but US tin inactive locomotion distant immoderate time
It appears determination are nary factual information guarantees from the US, which is thing Ukraine and Europe person agelong been pushing the White House to provide.
Trump has agelong been reluctant to springiness the aforesaid subject committedness that Biden had given.
Instead, his involvement successful staying the people with US enactment for Ukraine is much implicit, owed to the economical commitments acceptable retired successful this deal.
That means determination would inactive beryllium a fragility astir the committedness of Ukraine's astir important ally.