The final stage: Ukraine and the US to sign a resource agreement soon

Ukraine and the United States are in the final stages of negotiations on an agreement on Ukrainian minerals.

This was reported by Deputy Prime Minister Olha Stefanishyna on social media platform X.

According to her, the talks were very constructive and almost all key details have been agreed upon.

«The Ukrainian and American teams are in the final stages of negotiations on the minerals agreement. The negotiations have been constructive and almost all key details have been finalised. We are eager to finalise this as soon as possible so that we can proceed with the signing. We hope that the leaders of the United States and Ukraine can sign and approve it in Washington as soon as possible to demonstrate our commitment for decades to come», she wrote.

Agreement on minerals between Ukraine and the United States

Earlier, Donald Trump said that he would like to conclude a deal under which Ukraine would supply the US with rare earth minerals needed for electronics production in exchange for US aid.

However, German Chancellor Olaf Scholz criticised Donald Trump's proposal to provide Ukraine with military assistance in exchange for its minerals.

Subsequently, US President Donald Trump said that Ukraine had agreed to provide Washington with access to rare earth minerals worth $500 billion.

It should be noted, however, that Ukrainian President Volodymyr Zelenskyy refused to sign the agreement on granting the US access to rare earth minerals. The White House called this decision «short-sighted».

Volodymyr Zelenskyy said that the United States might consider investing in mining on the Black Sea shelf, which is currently under Russian occupation.

US National Security Advisor Mike Volz called on Kyiv «to tone it down» and sign the mining agreement that President Zelenskyy had previously rejected.

Subsequently, the US President Donald Trump's administration sent Ukraine an updated version of the mining agreement, which took into account some of Kyiv's comments. The new draft US minerals agreement provides for the distribution of revenues from resources in the liberated territories of Ukraine.