Ukraine has struck an agreement with the United States to provide revenue from some of its mineral resources in exchange for financial assistance. American and Ukrainian officials announced this deal on Tuesday, following a persistent campaign by President Trump to secure the agreement. The terms of the agreement, including financial details, have not been made public yet. However, a draft agreement discussed on Tuesday did not include a demand that Ukraine contribute $500 billion to a US-funded initiative and did not require Ukraine to repay the United States twice for any future American aid. The United States will have the maximum financial interest in the fund allowed by US law. Ukraine agreed to contribute half of its revenue from the monetization of natural resources, including critical minerals, oil, and gas. The United States is expected to own a significant interest in the fund but not necessarily all of it. The agreement also aims to reinvest some revenues into Ukraine. Ukrainian officials had demanded security guarantees in exchange for the mineral rights, but draft agreements reviewed by The New York Times did not include any such commitment. A final translated draft of the agreement was sent to Ukraine on Tuesday, and Treasury Secretary Scott Bessent and his Ukrainian counterpart are expected to sign the agreement. President Zelensky is then expected to travel to Washington for a signing ceremony with President Trump. Ukraine controls more than 100 major deposits of critical minerals, including titanium, lithium, uranium, and rare earths, among other natural resources. This deal has crucial implications for both Ukraine and the United States in terms of access to valuable resources and geopolitical influence in the region.

Source: https://www.nytimes.com/article/ukraine-mineral-deal-trump.html