Ukraine's Zelensky to Seal Rare Earth Minerals Deal with Trump at the White House
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World
February 28, 2025 05:30
washington, dc, usa - Ukrainian President Zelensky is expected to shake hands with US President Trump today on the rare earth minerals agreement.
Ukraine's Zelensky Visits White House for Rare Earth Minerals Deal
Ukrainian President Zelensky is set to sign a rare earth minerals agreement with US President Trump during his visit to Washington, ensuring Ukraine's security and economic interests.
Indirect Security Guarantee
Zelensky emphasized that the agreement does not involve direct transfer of Ukraine's underground resources to the US, but rather joint mining operations with a major portion of the revenue allocated for Ukraine's reconstruction.
During the meeting, Zelensky plans to inquire about the continuation of US military support for Ukraine and discuss the ongoing US-Russia negotiations.
Key Points of the Agreement
- Establishment of a joint fund for Ukraine's reconstruction with equal representation from Ukraine and the US.
- Shared mining of rare earth elements without claiming ownership.
- Ukraine to receive 50% of the proceeds for development funds.
- Financial contribution from the US towards Ukraine's reconstruction.
- Funds can only be used for rebuilding infrastructure in Ukraine.
- Confirmation of Ukraine's commitment to Western obligations.
Zelensky's visit comes amidst global attention on the strategic partnership between Ukraine and the US, highlighting the importance of the rare earth minerals agreement for both nations.