The United States and Ukraine are preparing to sign a new Minerals deal, sources tell Reuters. Following a controversial Oval Office meeting between US President Donald Trump, VP JD Vance, and Ukraine’s President Volodymyr Zelenskyy, Trump is reportedly telling his advisors that they should announce the deal Tuesday evening.
JUST IN: 🇺🇸🇺🇦 US and Ukraine to sign minerals deal.
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Trump and Zelensky’s White House interaction has taken the world by storm as the dirty laundry was washed in public. The war of words turned cinema as both leaders indulged in sharp criticism. In the aftermath of the meeting, the minerals deal, which Zelensky visited the US for, was rejected by Trump. However, the Ukrainian President shortly after said that he was open to signing the deal if the US moves forward. Now, it appears the deal will go through.
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The proposed agreement represents multiple key industrial capabilities, with Ukraine’s mineral deposits capturing a more significant number of eyes. The deal that was to be signed last week included no explicit security guarantees for Ukraine but gave the U.S. access to revenues from Ukraine’s natural resources. It also envisaged the Ukrainian government contributing 50% of future monetization of any state-owned natural resources to a U.S.-Ukraine managed reconstruction investment fund.
A comprehensive mineral deal between Ukraine and the US would potentially unlock resources worth approximately $11.5 trillion in value. This creates an extraordinary opportunity for American manufacturing and technological independence. At the same time, it gives the US a much-needed respite in its trade war with China and other nations.