mineral resources deal

Zelenskyy’s US Trip: A Risky Deal with Trump?

Ukraine and the United States have reached a draft agreement for joint development of Ukraine’s mineral resources, aiming to alleviate recent tensions between the two countries. The deal involves revenue sharing via a new fund, but notably lacks explicit US security guarantees for Ukraine, a point to be discussed by Presidents Trump and Zelenskyy. While Trump had initially sought a significantly larger share of Ukraine’s mineral wealth, the final agreement reflects a compromise. This minerals deal is intended to improve strained US-Ukraine relations and secure continued US military support for Ukraine.

Read More

US Accused of Blackmailing Ukraine Over Mineral Deal

Behind-the-scenes at the Munich Security Conference, the US pressured Ukraine to immediately sign a proposed mineral resources deal in exchange for a meeting with Vice President JD Vance, threatening to cancel the meeting otherwise. Kyiv refused to sign the US’s proposed version of the agreement, rejecting proposed amendments. Despite this refusal, the meeting proceeded as planned after the US dropped its demand. The initial US request was interpreted by Ukraine as a figurative expression of urgency, but proved to be a literal precondition for the meeting. Zelenskyy’s refusal to sign under pressure ultimately led to constructive dialogue.

Read More