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US and Ukraine finalize natural resources and reconstruction deal

20 0
28.02.2025

In a significant move that could reshape Ukraine’s economic landscape, the United States and Ukraine have reached an agreement granting American access to Ukraine’s rare earth minerals and other natural resources. The deal, confirmed by US President Donald Trump, is poised to provide substantial financial gains for Washington while further integrating Ukraine into the Western economic framework.

Speaking at the White House, Trump emphasized the scale of the deal, stating that it could be worth as much as $1 trillion. He claimed that this agreement ensures American taxpayers “get their money back, plus,” referring to the billions in aid provided to Ukraine since Russia’s full-scale invasion in 2022.

“We’re spending hundreds of billions of dollars on Russia and Ukraine fighting a war that should have never, ever happened,” Trump said. “This deal at least ensures that the US benefits from its investment.”

Despite Trump’s enthusiasm, the deal has sparked significant debate. Kyiv had previously rejected an earlier draft that would have transferred rights to $500 billion worth of natural resources to the US. The Ukrainian government pushed back against such terms, citing sovereignty concerns and a lack of security guarantees. However, after intense negotiations, a revised agreement was reached, dropping the $500 billion resource demand and introducing provisions for economic cooperation instead.

According to documents reviewed by multiple media outlets, the deal requires Kyiv to establish a fund that will allocate 50% of revenue from the “future monetization” of its state-owned mineral resources,........

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