02/27/2025

Ukraine Announces Minerals Deal with U.S.

There is no security guarantee

Ukraine said on Wednesday that it had reached a framework agreement with the United States on jointly developing Ukraine’s natural resources including rare earths, critical minerals, oil and gas.

Kyiv sees the deal as vital to keeping Donald Trump engaged, after the U.S. president sided with Russia in the war during his first weeks in office. According to the agreement, Kyiv would hand some of the revenue from its mineral resources to the United States, but it has received no U.S. security guarantees in return.

Ukrainian President Volodymyr Zelenskiy is desperate to get Western partners, most importantly the United States, to commit to such guarantees in order to deter further aggression from Russia in the future. Washington has resisted that pressure so far, although some of Ukraine’s European allies have discussed the possibility of deploying foreign soldiers there.

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