• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

US-Ukraine inching toward mineral deal amid last-minute roadblocks

by April 30, 2025
written by April 30, 2025

The United States and Ukraine are on the verge of signing a mineral deal after months of fraught and chaotic negotiations, although a last-minute snag still needs to be ironed out.

Ukraine’s prime minister said First Deputy Prime Minister Yulia Svyrydenko was flying to Washington on Wednesday to sign the deal, which is central to Kyiv’s efforts to mend ties with President Donald Trump and the White House as the U.S. president tries to secure a peace settlement in Russia’s war in Ukraine.

The latest version of the minerals agreement was reached after Kyiv secured a significant concession from the Trump administration that only future military aid would count as the US contribution to the deal, according to the Financial Times.

Trump had indicated in February that he wanted access to Ukraine’s rare earth materials as a condition for continued U.S. support in the war, describing it as reimbursement for the billions of dollars in aid the U.S. has given to Kyiv.

But a famous Oval Office spat with Ukrainian President Volodymr Zelenskyy set negotiations back. However, the pair met face-to-face in Rome on Saturday at the Pope’s funeral.

According to a draft of the new agreement seen by Reuters, the two countries would create a joint reconstruction fund funded by 50% of profits from Ukraine’s new mineral licenses.

The draft agreement gives the U.S. preferential access to new Ukrainian natural resources deals but does not automatically hand Washington a share of Ukraine’s mineral wealth or any of its gas infrastructure, the draft showed.

Ukraine would not be required to pay back previous aid provided to the war-torn country by the U.S., with only future aid being counted as America’s contribution to the fund.

‘Truly, this is a strategic deal for the creation of an investment partner fund,’ Shmyhal said on Ukrainian television. ‘This is truly an equal and good international deal on joint investment in the development and restoration of Ukraine between the governments of the United States and Ukraine.’

However, a snag arose as Svyrydenko’s plane headed to Washington, with U.S. officials reportedly demanding that Ukraine sign three documents at once—the framework, a detailed fund agreement and a technical document—which Ukraine says is not immediately possible due to required parliamentary ratification, according to the Financial Times citing three people briefed on the situation.

Treasury Secretary Scott Bessent’s team told her she should ‘be ready to sign all agreements, or go back home,’ the Financial Times reports, citing three people familiar with the matter.

The U.S. is seeking access to more than 20 raw materials deemed strategically critical to its interests, including some non-minerals such as oil and natural gas. Among them are Ukraine’s deposits of titanium, which is used for making aircraft wings and other aerospace manufacturing, and uranium, which is used for nuclear power, medical equipment and weapons. Ukraine also has lithium, graphite and manganese, which are used in electric vehicle batteries.

Unlike an earlier draft, the deal would not conflict with Ukraine’s path towards European Union membership — a key provision for Kyiv.

The two sides signed a memorandum, published on April 18, as an initial step towards clinching an accord on developing mineral resources in Ukraine. In the memorandum, they said they aimed to complete talks by April 26 and to sign the deal as soon as possible.

Reuters and The Associated Press contributed to this report. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI
next post
Vance previews Trump’s plans to ‘juice the economy,’ end Russia–Ukraine war in next 100 days

related articles

Democrats project doom and gloom, not celebration, with...

July 5, 2025

Xi Jinping’s surprise no-show at BRICS Summit fuels...

July 5, 2025

Iran regime escalates repression toward ‘North Korea-style model...

July 4, 2025

This July 4th, a family waits: American hostage’s...

July 4, 2025

President Trump to honor Iran strike flight team...

July 4, 2025

North Korea lashes out after Trump DOJ exposes...

July 4, 2025

Saudi defense minister secretly meets with Trump to...

July 4, 2025

Trump administration swarms SCOTUS with emergency requests and...

July 4, 2025

Trump administration torpedoes SCOTUS with emergency requests and...

July 3, 2025

Mike Johnson touts ‘beauty of unified government’ after...

July 3, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Technical Difficulties Delay Trump-Musk Chat On X

    August 13, 2024
  • Sports gambling takes a toll on Americans’ checkbooks, research shows

    August 26, 2024
  • Chip Roy follows Trump’s lead with bill to ‘beat China’ on trade

    April 3, 2025
  • Days before Trump halted funding, an ex-Israeli hostage was held at UNRWA school in Gaza, she reveals

    February 9, 2025
  • National Security Agency Director Gen. Haugh fired, civilian deputy director reassigned

    April 4, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,251)
  • Investing (634)
  • Stock (832)

Latest Posts

  • New House GOP resolution eviscerates Comey over ’86 47′ Instagram post

    May 16, 2025
  • Wall Street has mixed views on Microsoft after Q4 earnings: Should you sell or buy more?

    July 31, 2024
  • Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say

    June 4, 2025

Recent Posts

  • AUDUSD consolidates around the weekly open price

    August 30, 2024
  • Harris paid Oprah $1 million in failed bid to help campaign: report

    November 11, 2024
  • Russian missiles rained down on Ukraine just ahead of Treasury Secretary Scott Bessent’s visit

    February 12, 2025

Editor’s Pick

  • Rubio doubts ‘anything productive’ will happen in Ukraine peace talks without Trump, Putin

    May 15, 2025
  • Vance is the likely 2028 frontrunner, but these Republicans may also run for president

    December 26, 2024
  • New Trump-aligned committee chair pledges ‘colonoscopy’ of State Department spending

    December 11, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock