The US is aiming to gain control over major infrastructure and mineral investments in Ukraine, potentially giving it authority to decide on investments without input from Kyiv's other allies and hindering Ukraine's European Union membership aspirations.

President Donald Trump's administration is requesting the "right of first offer" on investments in various projects in Ukraine, such as infrastructure, natural resources, and mineral extraction. If approved, this agreement would give the US significant influence over investments in Ukraine's key sectors, including roads, railways, ports, mines, and oil and gas resources. This move expands US economic dominance in Europe's largest country as Ukraine seeks closer ties with the EU.

The proposed agreement would give the US priority access to profits directed to a special reconstruction investment fund managed by Washington. Furthermore, the US intends to have Ukraine use the financial and material support provided since Russia's invasion in February 2022 to fund this initiative.

The revised agreement was presented to Ukrainian officials after President Zelenskiy's meeting with Trump earlier fell through. Negotiations are ongoing, and both parties are expected to propose adjustments to the terms. Zelenskiy emphasized that the agreement is still under review, and discussions with the US continue. He expressed Ukraine's support for cooperation with the US to ensure aid continues without interruption.