US and Ukraine Near Agreement on Mineral Rights..
The United States and Ukraine are reportedly close to finalizing an agreement that would grant the U.S. access to Ukraine's valuable mineral resources. This development follows a series of negotiations and revisions to the initial proposal, which Ukrainian President Volodymyr Zelenskyy had previously rejected due to concerns over security guarantees.
Revised Proposal and Negotiations
The initial proposal, presented by U.S. Treasury Secretary Scott Bessent, sought to secure 50% of Ukraine's rare earth minerals, valued at approximately $500 billion, in exchange for American military support against Russia. President Zelenskyy dismissed this proposal, citing insufficient security guarantees. In response, National Security Adviser Michael Waltz emphasized the necessity for Ukraine to reach an agreement, highlighting U.S. taxpayer interests. Zelenskyy expressed optimism about ending the war and indicated readiness to negotiate with provisions for peace and security guarantees against further Russian invasions. The White House declined to comment on the terms of the new draft agreement.
Current Status and Future Steps
As of February 22, 2025, reports indicate that the U.S. and Ukraine are nearing a deal that would grant the United States access to Ukraine's rare earth minerals, thereby strengthening U.S.-Ukraine relations. This progress follows tensions between Presidents Donald Trump and Volodymyr Zelenskyy, particularly regarding security guarantees sought by Ukraine. Despite initial reluctance and criticism, significant headway was made during a series of meetings in Ukraine between Trump's special envoy, retired Lt. Gen. Keith Kellogg, and top Ukrainian officials, including Zelenskyy. The draft agreement is still being worked on, with both sides expressing a desire to finalize a mutually beneficial deal. National Security Adviser Mike Waltz expressed optimism that Zelenskyy would eventually sign the agreement. The deal, proposed by Zelenskyy and supported by Trump, aims to improve Ukraine's negotiating position with Russia. The broader context includes ongoing U.S.-Russian discussions about ending the three-year war in Ukraine, but Trump has faced criticism for not including Ukraine in these talks.
Implications and Considerations
The proposed agreement has sparked discussions about the strategic partnership between the U.S. and Ukraine. The U.S. seeks to recoup its investments in the conflict while ensuring a lasting and just peace agreement. However, the specifics of the deal are still under negotiation, and both parties are working to address concerns and finalize terms that align with their respective interests.ft.com
Zelenskyy Rejects Trump's Mineral Deal
President Volodymyr Zelenskyy is refusing to sign a deal proposed by Donald Trump regarding the Ukraine war, which would require Ukraine to surrender billions of dollars in minerals to the US in exchange for weapons. The deal is seen as problematic by Zelensky, who views the terms as unbalanced and unfavorable for Ukraine. This refusal has intensified tensions between the US and Ukraine, with some White House officials criticizing Zelensky and suggesting he owes his survival to US support. Trump's administration is keen to exclude Ukraine from peace negotiations with Russia, opting to deal directly with the Kremlin. Trump's comments on Zelensky's leadership and importance in peace talks have further strained relations. Despite criticism, some figures like General Keith Kellogg continue to support Zelensky. Trump's stance has been praised by Vladimir Putin, who sees the developing US-Ukraine rift as an opportunity to improve Washington-Moscow ties. The situation remains contentious, with Zelensky accused of overstepping in his dealings with the US while also receiving backlash for his wartime decisions. the-sun.com
US Nears Major Mineral Deal with Ukraine
The Trump administration is on the verge of securing a major deal with Ukraine for access to valuable mineral rights. This potential agreement is seen as a strategic move to counter Russia's ongoing conflict with Ukraine, nearly three years after Russia's full-scale invasion. While the exact terms remain unclear, President Trump has indicated that a deal is imminent, emphasizing mutual benefits and a substantial financial return for the US. Retired Gen. Keith Kellogg played a pivotal role in bringing the two sides closer, displaying support for Ukrainian President Volodymyr Zelensky and engaging with local veterans. There is mixed reaction within Ukraine, as some view the deal as vital for support against Russia, while others worry it could be exploitative and damage Ukraine's long-term interests. Historical context, such as the Budapest Memorandum's breach by Russia, fuels these concerns. Public opinion on the deal may hinge on the transparency and perceived fairness of its terms. nypost.com
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