Ukrainian officials hope the rare earth minal deal will pave the way to better relations with the US, after President Donald Trump made inflammatory comments about Volodymyr Zelensky and said the US wouldn’t continue to provide American aid for the war with Russia without getting something in return.
After Zelensky rejected the first draft last week, Trump lashed out at the Ukrainian President, calling him a “dictator” and blaming Ukraine for starting the war.
Officials involved in the minerals negotiations on Tuesday said that they had negotiated better terms and that the agreement would help to secure future US security commitments.
“We have heard multiple times from the US administration that it’s part of a bigger picture.”
However, the agreement does not refer to US security guarantees and omits details on the size of the US stake in the fund or the terms of “joint ownership” deals.
Zelensky had previously floated the idea of allowing the US access to Ukraine’s natural resources as part of a “victory plan” that the president presented to the country’s allies last year.
Ukrainian officials said that the deal had been approved by the justice, economy and foreign ministers and that Zelensky might visit the White House in the coming weeks for a signing ceremony with Trump.
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