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Ukraine and U.S. Finalize Controversial Minerals Deal

Kyiv has reached an agreement with Washington on a major minerals deal, a senior Ukrainian official confirmed to the BBC. Describing the outcome as “positive” with key amendments, the official declined to disclose specific terms of the deal.

Reports suggest that while the U.S. has withdrawn its initial demand for a $500 billion share in Ukraine’s mineral revenues, it has not provided firm security guarantees—something Kyiv had strongly sought. The deal comes after a series of tense exchanges between Ukrainian President Volodymyr Zelensky and U.S. President Donald Trump, who is expected to host Zelensky in Washington for the official signing this week.

Though Trump did not explicitly confirm the agreement, he stated that Ukraine was being granted “the right to fight on” in exchange for access to its critical mineral resources. He also reiterated the essential role of U.S. support in Ukraine’s defense, saying, “Without the United States and its money and military equipment, this war would have been over in a very short period of time.”

When pressed on whether military aid would continue, Trump suggested that assistance would last “until we have a deal with Russia,” and hinted that any future peace agreement would require “some form of peacekeeping” acceptable to all parties involved.

The minerals deal signals a shift in U.S. foreign policy, moving away from unconditional military support. “The American taxpayer is going to get their money back plus,” Trump stated, underscoring his administration’s transactional approach to international alliances.

The agreement follows a rocky period in U.S.-Ukraine relations. Last week, Trump called Zelensky a “dictator” and appeared to blame Ukraine for the war after Kyiv initially rejected Washington’s mineral wealth demands. Zelensky, in response, accused Trump of being misled by Russian disinformation, stating, “I can’t sell our state.”

Ukraine’s Deputy Prime Minister Olha Stefanishyna, who led negotiations, told the Financial Times that the minerals deal was “only part of the picture” and a component of broader discussions with Washington. Final details are still subject to further negotiations.

Meanwhile, Russian President Vladimir Putin has suggested that Moscow could offer the U.S. access to rare minerals, including those extracted from Russian-occupied Ukrainian territories. This development has raised alarms in Kyiv and across Europe, as concerns grow that Ukraine may be sidelined in direct U.S.-Russia negotiations, particularly after recent diplomatic meetings between both nations in Saudi Arabia.

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