Trump says Zelensky to visit White House after Ukraine 'agrees minerals deal

Started by Dev Sunday, 2025-02-26 07:13

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President Donald Trump has announced that Ukrainian President Volodymyr Zelensky is scheduled to visit the White House on Friday to sign a significant minerals agreement between the United States and Ukraine. This development follows extensive negotiations aimed at securing access to Ukraine's abundant rare earth minerals, which are vital for various modern technologies.

The proposed deal entails a collaborative effort to develop Ukraine's mineral resources, with profits shared between the two nations. Earlier discussions reportedly involved a U.S. demand for $500 billion in revenue from these resources, a condition that faced resistance from Ukrainian officials. The finalized agreement appears to have omitted this stipulation, focusing instead on joint ownership and development.

While the deal addresses economic collaboration, it does not encompass the long-term security guarantees that Kyiv has been seeking. This omission has raised concerns among Ukrainian leaders, who view such assurances as crucial amidst ongoing regional tensions.

The announcement of this agreement has elicited varied reactions. Critics within Ukraine have labeled the negotiations as coercive, suggesting that the U.S. leveraged its support to extract favorable terms. Conversely, proponents argue that the partnership could bolster Ukraine's economy and strengthen bilateral ties.

This forthcoming visit and the anticipated signing of the minerals deal underscore the strategic importance of Ukraine's natural resources on the global stage. As the situation develops, both nations are poised to navigate the complexities of this partnership, balancing economic interests with broader geopolitical considerations.



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