US and Ukraine Finalize Long-Awaited Mineral Deal as Warning to Russia
17
World
May 1, 2025 06:30
washington - The US and Ukraine have signed a significant mineral agreement aimed at granting the US access to resources in Ukraine, signaling a shift in relations and a warning to Russia.
US-Ukraine Mineral Deal Signed Amidst Tensions
The long-anticipated mineral deal between the US and Ukraine was finally sealed, granting the US access to valuable resources in Ukraine, a move seen as a strategic warning to Russia.
Last-Minute Negotiations and Agreement
Washington and Kiev engaged in intense negotiations leading up to the signing, with disagreements over technical details almost derailing the deal. However, both parties ultimately reached a compromise, paving the way for a more equitable economic partnership.
Key Changes and Terms
The revised agreement no longer includes the US's demand for repayment of past economic and military aid, totaling billions of dollars. Instead, both countries will contribute equally to a joint investment fund, focusing on mining operations for rare resources and energy sources.
The fund will be managed by a board comprising three Americans and three Ukrainians, giving the US a privileged position in Ukraine's resource exploration and extraction efforts.
Security and Alliances
While President Zelensky sought explicit security guarantees, the deal emphasizes a long-term alliance recognizing US interests in Ukraine's economic and security landscape. President Trump reiterated the presence of American workers in Ukraine as a crucial security measure.
Geopolitical Implications and Response
The mineral deal serves as a clear message to Moscow, with the US committing to continue providing weapons and intelligence to Ukraine amidst stalled peace talks. Russia's cautious response reflects the complexity of the conflict and Putin's strategic calculations in the region.
The signing of the agreement by economic officials from both countries, rather than the presidents, underscores the strained relations following past disagreements. The deal also underscores the ongoing geopolitical tensions in the region, with implications for future US-Ukraine-Russia dynamics.