Negotiations between the United States and Ukraine for access to critical and rare-earth minerals are in the final stages, according to a senior administration official. The reported agreement involves concessions on both sides, with Ukraine seeking security guarantees and the U.S. aiming for significant revenue from Ukraine’s mineral deposits. President Zelenskyy’s office has not confirmed the news, but he is expected to address it soon.
Relations between the two countries have been strained recently, with President Trump suggesting using Ukraine’s mineral wealth to repay military aid received during the conflict with Russia. However, Zelenskyy rejected this proposal, leading to tensions between the two leaders. Trump confirmed Zelenskyy’s upcoming visit to Washington, where they may finalize the deal.
The potential agreement involves American military support for Ukraine, in addition to access to critical minerals. Zelenskyy hopes that granting the U.S. access to Ukraine’s resources will ensure continued military aid from Washington. Russia has also proposed a similar deal to gain ownership of valuable minerals in parts of Ukraine controlled by their military.
The negotiations come at a critical time as Ukraine continues to face Russian aggression. The timeline for a peace deal remains uncertain, with officials suggesting it could be achieved within the next 30-60 days. The proposed agreement may offer strategic benefits for both countries, allowing them to strengthen their partnership and address security concerns.
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