The US and Ukraine will finally sign a long sought-after mineral rights agreement next week after months of negotiations, according to officials from both countries. President Trump announced in the Oval Office Thursday that an agreement had been reached,

The memorandum of intent paves the way for an economic partnership deal and the setting-up of an investment fund for the reconstruction of Ukraine.

Ukraine's economy minister has told The AP it will send a delegation to Washington next week for talks on a new draft of a proposed mineral deal with the U.S.