Tags: minerals | peace | ukraine | war | security | guarantee

Ukraine: Security Guarantee Last Sticking Point on Draft Mineral Deal

Wednesday, 26 February 2025 07:48 AM EST

Ukraine's prime minister disclosed the details of a draft minerals deal with the United States on Wednesday, saying its wording showed Washington backed Kyiv's effort to get security guarantees, but touting nothing more concrete for now.

The deal is at the heart of Kyiv's push to win over Donald Trump's robust support as the U.S. president strives to reach a rapid end to the war with Russia that Ukraine's supporters fear could come at the expense of its national interests.

Denys Shmyhal, Ukraine's prime minister, said the government would authorize the draft agreement later Wednesday so it could be signed, with Ukrainian President Volodymyr Zelenskiy expected to visit Washington on Friday to meet Trump.

He said: "After the Ukrainian president and the U.S. president agree on security guarantees, agree on how we tie this preliminary agreement to security guarantees from the United States for our country, in the presence of [both] presidents, a representative of the Ukrainian government will sign this preliminary agreement."

The prime minister, outlining the draft in televised comments, said Kyiv would contribute 50% of "all proceeds received from the future monetisation of all relevant state-owned natural resource assets and relevant infrastructure."

Those proceeds would go into a fund under the joint control of the United States and Ukraine, he said.

"Already existing deposits, facilities, licenses, and rents are not subject to discussion when creating this fund," he added.

© 2025 Thomson/Reuters. All rights reserved.


GlobalTalk
Ukraine's prime minister disclosed the details of a draft minerals deal with the United States on Wednesday, saying its wording showed Washington backed Kyiv's effort to get security guarantees, but touting nothing more concrete for now.
minerals, peace, ukraine, war, security, guarantee
232
2025-48-26
Wednesday, 26 February 2025 07:48 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved