Ukraine has negotiated a deal with the United States to transform some mineral resource revenues, a shift following pressure from President Trump. The revised agreement drops previous demands such as a $500 billion contribution to a US fund and repayments of future aid. Ukraine will now share half of its mineral revenue, reflecting a growing comfort with the arrangement. However, the U.S. appears reluctant to provide the sought-after security guarantees that Ukraine has been advocating for amid ongoing threats from Russia.
The final details of the agreement remain uncertain, but it shows a significant shift towards cooperation between Ukraine and the US, reducing previous onerous conditions.
Under the new terms, Ukraine will give up half of its revenue from future mineral monetization, a move that reflects increased comfort with the agreement.
Despite Ukraine's repeated calls for security guarantees amid ongoing conflict with Russia, the draft agreement lacks any such commitments from the US.
Ukrainian President Zelensky expressed concerns over security, highlighting the need for assurances in the face of a prolonged war with Russia.
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