Ukrainian President Volodymyr Zelensky on Wednesday reported “good progress” on negotiations for a mineral rights deal between Ukraine and the United States.
“The basic legal stuff is almost finalized, and then, if everything moves as quickly and constructively, the agreement will bring economic results to both our countries,” Zelensky said in his daily address to the Ukrainian people.
U.S. Treasury Secretary Scott Bessent said on Monday that a deal “could even be signed as early as this week.”
“We are very, very close,” he said.
According to Bloomberg News on Wednesday, the deal began moving quickly toward completion after the Trump administration “tempered its demands” for Ukraine to pay back the enormous sums of money America has contributed to its war effort.
The Trump team did not completely abandon that demand, but it scaled its estimate of the amount Ukraine should repay down to roughly $100 billion from $300 billion. This greatly reduced the gap with Ukraine’s own estimate of $90 billion.
The deal on the table would reportedly put Ukraine’s mineral profits into a “reconstruction investment fund.” The United States would control that fund and have first claim on mineral profits until Ukraine’s war debt is repaid.
Please read more at the below link
https://www.breitbart.com/europe/2025/04/17/zelensky-says-good-progress-on-u-s-ukraine-minerals-deal/
https://www.breitbart.com/national-security/2025/04/17/zelensky-says-good-progress-on-u-s-ukraine-minerals-deal/