Two sources tell the Washington Post that the U.S. and Ukraine have agreed to a framework for a minerals deal wherein Ukraine would jointly develop their mineral resources (including oil and gas) with help from the U.S. The new deal would reportedly allow 50% of future proceeds from new mineral projects to go into a fund controlled by the U.S. but for only investing in Ukrainian projects. No existing Ukrainian revenue streams will be shared with the fund. Many involved in international politics view Trump’s demand for Ukraine’s mineral rights as “extortion” or a “shakedown” in exchange for a peace deal with Russia.
BREAKING: Ukraine has finalized a minerals deal with the U.S., aiming to strengthen ties with the Trump administration and secure long-term security support.
Ukrainian officials told the Financial Times they are ready to sign the agreement to jointly develop mineral resources,… pic.twitter.com/596yT0evgu — Republicans against Trump (@RpsAgainstTrump) February 25, 2025
More from the Washington Post:
The Trump administration has pushed Ukrainian President Volodymyr Zelensky to repay U.S. war aid with such an agreement, amid broader pressure to come to a peace deal with Russia.
The framework for the deal would grant Washington access to Ukrainian mineral wealth on “much better terms” than those offered in an earlier proposal that Zelensky was not swift to accept, the Ukrainian official said.
It does not include any mention of $500 billion — a figure that Trump told Fox News he wanted, in equivalent rare earth minerals, to repay U.S. war aid to Ukraine.
Zelensky firmly rejected claims that Washington has sent $500 billion to Ukraine, saying the figure stands at roughly $100 billion in aid.
The White House has not confirmed the agreement as yet.
BREAKING: Ukraine has agreed terms with the United States on a crucial minerals deal, a Ukrainian government source has told @SkyNews
The source said there was a plan for the document to be signed “very soon” pic.twitter.com/dFVOV2cS83 — Peter Stefanovic (@PeterStefanovi2) February 25, 2025
Trump trying to shakedown Ukraine for 50% of their mineral rights while they’re fighting for their very existence is one of the most vulgar, disgusting, mob boss acts ever.
— Steven DeKnight (@stevendeknight) February 20, 2025
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