This week, Ukraine will dispatch a delegation to Washington to advance discussions on a more comprehensive minerals agreement proposed by the United States, as stated by the deputy prime minister on Monday.
Yulia Svyrydenko mentioned on X, “Our goal is to reach an agreement on project selection, legal structures, and long-term investment strategies.”
The U.S. government is seeking Kyiv’s consent to secure a substantial share of Ukraine’s future mineral revenues. President Donald Trump views this as a means to recoup billions in aid provided to Ukraine in its conflict with Russia. While Kyiv is eager to retain the support of its ally, it is also cautious about relinquishing its future resources.
In late March, Washington delivered a revised draft that is significantly broader than a previous version that had been accepted. Svyrydenko noted that the ongoing discussions with the U.S. reflect the strategic interests of both nations and “our mutual commitment to fostering a robust and transparent partnership.”
The Ukrainian team traveling to Washington will consist of officials from the ministries of economy, foreign affairs, justice, and finance, she added. Ukrainian officials have been careful in their remarks regarding the draft, which reportedly indicates that the U.S. is seeking all of Ukraine’s natural resource revenues for an extended period.
President Volodymyr Zelenskiy emphasized that Kyiv would not acknowledge past U.S. aid as loans requiring repayment, nor would it agree to any arrangement that jeopardizes its future integration with the European Union.
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