Ukraine: We won't sign agreement with Trump without security guarantees

Ukraine: We won't sign agreement with Trump without security guarantees

Ukraine's Prime Minister, Denys Shmyhal, has indicated that Kiev and Washington have reached a preliminary agreement for an investment fund dedicated to reconstruction of Ukraine. During an interview with Ukrainian media, he said that after two weeks of intensive negotiations, an actual <x0-version of the mineral agreement between [...]

Ukraine's Prime Minister, Denys Shmyhal, has indicated that Kiev and Washington have reached a preliminary agreement for an investment fund dedicated to reconstruction of Ukraine. During an interview with Ukrainian media, he said that after two weeks of intensive negotiations, an actual <x0-version of the mineral agreement between the two countries has been agreed on.

According to Shmyhal, the fund will be managed equally by both sides, while the US supports Ukraine's efforts to ensure security guarantees. Even President Volodyr Zelensky and the Ukrainian government will not sign the agreement without security guarantees for Ukraine,”, he stressed, Euronews reported.

One of the main provisions of the deal envisions Washington helping Ukraine secure guarantees for a lasting peace. Shmyhal said Kiev aims to base these guarantees on the “peace plan” presented by Zelensky last year, which envisions either Ukraine's membership in NATO or other strong security measures.

Ukrainian Prime Minister also announced that the government will meet Wednesday to review the complete text of the precautionary agreement.

President Trump said on Tuesday that, in exchange for the deal, Ukraine will receive the “right to fight”, but did not confirm whether the US will continue supply with military equipment and ammunition.

Ukraine is one of the richest countries in the world in terms of natural resources. Its mineral reserves total 15 trillion dollars.

Much of the minerals are east of Ukraine in Russia's occupied regions.

Critical minerals are the foundation of the modern economy and a key factor in the development of advanced technology, including electrical batteries and military technology.

The US is asking Ukrainian minerals at all costs to reduce dependence on China, which currently controls 75% of these important elements.

Washington fears a price monopoly if Russia and China, since they are the only ones to possess these critical minerals for security.

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