- President Volodymyr Zelensky has nominated Yulia Svyrydenko as Ukraine’s new prime minister, pending parliamentary approval, as part of a cabinet reshuffle.
- Ms Svyrydenko, currently first deputy prime minister and economic development minister, is set to replace Denys Shmyhal, who is poised to become the defence minister.
- The reshuffle comes as Ukraine aims to revive its cash-strapped economy and boost its arms industry.
- Earlier this year, Ms Svyrydenko brokered a significant minerals deal with the US, fulfilling a crucial demand from the Trump administration and helping to repair diplomatic ties.
- The deal, signed on 30 April, grants the US preferential access to Ukraine’s critical minerals and establishes a reconstruction investment fund.
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