Ukrainian President Volodymyr Zelenskyy has rejected a proposal from Trump administration officials that would have granted the United States significant access to Ukraine’s rare earth minerals. The proposal, which would have given the U.S. 50% ownership of these minerals, was seen as a form of repayment for American support during Ukraine’s war with Russia. However, Zelenskyy felt that the agreement did not include adequate security guarantees for Ukraine.
U.S. officials believed that the proposal would secure an “enduring partnership” between the two countries and mentioned the possibility of deploying American troops to guard the minerals. Zelenskyy declined to sign the draft agreement when it was first presented to him, saying he needed more time to study it and consult with others.
President Donald Trump has expressed interest in obtaining $500 billion worth of Ukraine’s rare earth minerals, which include titanium and iron ore. These minerals are crucial for making various technology products, but many of them are located in areas controlled by Russian troops.
Despite Ukraine’s reliance on U.S. support, Trump has questioned the level of assistance provided to the country. Zelenskyy has long supported the idea of exchanging critical resources for continued U.S. support as part of his “Victory Plan.” Overall, the rejection of the proposed agreement highlights Ukraine’s concerns about security and the need for a balanced partnership with the United States.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
