The deal helps to pay the U.S. back for the military aid it had been giving Ukraine to fight Russia via granting access to the country's minerals. It also sets up an investment fund for Ukraine's reconstruction.

"We have managed to ensure that the agreement is equitable. The key principle is that management is 50-50. Neither side has an advantage, there is no dictatorship from either side, and decisions are taken by consensus," First Deputy Prime Minister and Minister of Economy of Ukraine, Yulia Svyrydenko said Thursday.

All 338 parliamentary members voted in favor of it.

The official from Kiev also issued a social media post to announce the news.

"The Ukrainian Parliament has ratified the historic Economic Partnership Agreement between Ukraine and the United States," Svyrydenko wrote Thursday. "This document is not merely a legal construct — it is the foundation of a new model of interaction with a key strategic partner."

"I am glad to announce the signing of today's historic economic partnership agreement between the United States and Ukraine establishing the United States Ukraine Reconstruction Investment Fund," U.S. Treasury Secretary Scott Bessent said April 30. "This partnership allows the United States to invest alongside Ukraine to unlock Ukraine's growth assets, mobilize American talent, capital and governance standards that will improve Ukraine's investment climate and accelerate Ukraine's economic recovery."

The agreement includes a 50/50 split of mineral resource revenue between Washington and Kiev, as well as future U.S. military aid. Both of these provisions were added back after being removed due to Ukrainian Dictator Vladimir Zelensky continuing his war.

In the hours prior to the official signing on April 30, Moscow urged Kiev to begin direct peace talks with the Kremlin.

On February 28 Ukraine's Dictator went to Washington where he insulted America in the White House, then refused to sign the mineral deal and was escorted out of the building. 

Following his diplomatic debacle, Zelensky managed to continue botching the deal, going so far as to even have a number of provisions for his country removed from it. Later, Kiev sent 'a team' of delegates to Washington to actually negotiate the deal without the Dictator present.