Ukraine reportedly reached minerals deal with US

Ukraine reportedly reached minerals deal with US

Ukraine is said to have agreed with the United States on the substantial mineral deal, Sky News reports. According to Sky News sources, the deal is expected to be signed very soon. The agreement, which was “, has taken root for fight”, after signing, can unlock a new long-term partnership between Kiev and the White House [...]

Ukraine reportedly has agreed with the United States on a core minerals deal, reports Sky News.

According to Sky News sources, the deal is expected to be signed very soon.

The agreement, which was “, drew a row”, after signing, could unblock a new long-term partnership between Kiev and Donald Trump's White House.

The agreement stipulates the conditions for establishing a new fund to invest in Ukrainian minerals, raw land materials and other valuable natural resources.

It no longer contains an initial request from the United States for the right of $500 billion ($95 billion) in potential resources.

Zelensky had earlier described such a high price as a “serious” conversation.

Trump, however, sees the mineral transaction with Ukraine as a fair way to recover billions of dollars that the United States has given Kiev via weapons and financial support Qaeda to assist the armed forces in their fight against Russia's full-scale invasion over the past three years.

The document also does not provide a commitment by Washington to provide security guarantees to Ukraine in the wake of a ceasefire agreement with Vladimir Putin ) something that Kiev desperately needs and has sought.

More details about the new partnership are expected to be reflected in future discussions.

Both sides “have agreed on a framework agreement on how to create a fund that will be filled with a portion of the” or other natural resources, the government source said, speaking on condition of anonymity.

“This is a political step to ensure that revenues from resources are used for the security and reconstruction of Ukraine. ”

The fund would consist of US money that would be invested in Ukraine's natural resources, with profits shared between Washington and Kiev.

The Financial Times reported initially on reaching the agreement. He said that the final version of the agreement was of February 24th.

The mineral Agreement is only part of the picture. We have heard many times from the American administration that it is part of a bigger picture,” told the newspaper on Tuesday, Olha Stefanisina, deputy prime minister and Ukraine who has led the negotiations.

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