Axios: U.S.-Ukraine minerals deal nears completion: ...Middle East

U.S.-Ukraine Minerals Agreement: Nearing a deal worth hundreds of billions of dollars, focused on economic investment and Ukraine’s sovereignty.

Ukraine’s View: Officials hope the deal will stabilize relations with the U.S. and ensure long-term support.

Co-managed by the U.S. and Ukraine.Designed to attract investments in infrastructure, mining, and ports.Allows the U.S. to recoup expenditures related to Ukraine’s defense and recovery.

Zelensky’s Position:

Rejected initial U.S. demand for $500 billion from Ukraine's minerals.Insists that aid should not be considered debt.Wants U.S. military support included in the agreement.

Ukraine must contribute double the U.S. investment to the fund.50% of revenues from extractable materials (minerals, oil, gas) will be allocated to the fund.

Key Omission: The draft does not specify any U.S. military commitment to Ukraine’s defense.

This article was written by Greg Michalowski at www.forexlive.com.

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