Ukrainian President Volodymyr Zelensky announced that a contentious U.S. proposal to claim $500 billion from Ukraine's rare earth minerals as repayment for military aid has been withdrawn. He emphasized that treating assistance as a debt would set a dangerous precedent. Instead, Ukraine is focusing on securing guarantees to deter future Russian aggression. Despite the changes, discussions continue with U.S. officials to establish a more balanced agreement regarding Ukraine's valuable minerals, necessary for industries like aerospace and defense.
"Considering aid as a debt to be repaid would be a Pandora's box that would set a precedent requiring Kyiv to reimburse all its backers."
"We do not recognize the debt, Zelensky said. It will not be in the final format of the agreement."
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