US-Ukraine Deal

Leaked Ukraine-US Mineral Deal: Exploitation or Survival Strategy?

The US and Ukraine are nearing a finalized agreement establishing a reconstruction investment fund, focusing on mineral exploitation. A key negotiating round will occur in Washington, D.C., from April 21-26, 2025, aiming for a completed deal by then. This fund would grant the US significant control over Ukrainian resource projects, including a potential veto on new initiatives. The US aims to recoup its substantial financial and military aid through this agreement, a key factor driving the negotiations. Concerns about potential conflicts with the EU are acknowledged, but the US will not interfere with Ukraine’s obligations to the EU.

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Zelensky Calls US-Ukraine Minerals Deal a Framework, Lacking Security Guarantees

A proposed US-Ukraine natural resources deal, described as a framework by President Zelensky, outlines a jointly managed investment fund where Ukraine contributes 50% of future revenues from state-owned assets. The agreement lacks explicit security guarantees, which Zelensky intends to discuss with President Trump during an upcoming meeting. While Zelensky emphasized the deal’s potential for success and future security, he clarified that Ukraine will not incur debt as part of this arrangement. The deal aims to attract investment and aid Ukraine’s post-conflict recovery, but has prompted concerns among some Ukrainians regarding resource access for the United States.

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