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Ukraine, US sign memorandum on minerals deal: minister

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      China

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      Ukraine, US sign memorandum on minerals deal: minister

      2025-04-18 18:51 Last Updated At:04-19 01:17

      Ukraine and the United States have signed a memorandum on the minerals deal, said the Ukrainian First Deputy Prime Minister and Economy Minister Yulia Svyrydenko on social media platform X on Thursday local time.

      Signing of the memorandum testified the joint effort of the Ukrainian and the U.S. teams and the intention to finalize and conclude a deal, the minister also said in her post on Facebook.

      "Ahead is the finalization of the text of the deal and its signing. And then, the ratification by the parliaments," the minister added in the post.

      In addition, the two countries are preparing to create an investment fund for the reconstruction of Ukraine, the Facebook post also said.

      Earlier Thursday, Ukrainian President Volodymyr Zelensky said at a press conference that it is highly possible for Ukraine and the United States to sign a memorandum of intent on a mineral resources deal.

      U.S. President Donald Trump said on the same day that the minerals deal with Ukraine will be signed on April 24.

      Ukraine, US sign memorandum on minerals deal: minister

      Ukraine, US sign memorandum on minerals deal: minister

      Next Article

      China's digital industry revenue up 9.4 pct in Q1

      2025-05-17 00:18 Last Updated At:02:17

      China's digital industry generated 8.5 trillion yuan (about 1.18 trillion U.S. dollars) in revenue in the first quarter, representing a 9.4 percent year-on-year increase.

      According to data released Friday by the Ministry of Industry and Information Technology, the growth rate is 4.4 percentage points higher than that recorded in the same period last year.

      Breaking it down, revenue in the digital manufacturing sector grew by 10.4 percent, while the digital services sector saw an 8.2 percent rise.

      The number of 5G base stations in China surpassed 4.39 million by the end of March, with user penetration reaching 75.9 percent, the ministry reported in April.

      The digital economy's core sectors have maintained stable growth, with the software industry alone generating 3.1 trillion yuan in revenue, up 10.6 percent year-on-year. China has been committed to developing digital technology to transform and upgrade its traditional industries.

      According to this year's government work report, the country will "accelerate the digitalization of manufacturing, foster a number of service providers with both industry expertise and digital know-how, and bolster support for the digital transformation of small and medium-sized enterprises."

      China is also advancing an "AI Plus" initiative, which seeks to effectively integrate digital technologies with the country's manufacturing capabilities and market strengths.

      China's digital industry revenue up 9.4 pct in Q1

      China's digital industry revenue up 9.4 pct in Q1

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