The US and Ukraine have struck a crucial deal over Ukraine’s rich mineral resources, seen as central to ending the war with Russia. The agreement, announced late Tuesday, lacks direct security guarantees but reinforces America’s stance that Ukraine must remain “free, sovereign, and secure.”
Though arms shipments are still under discussion, President Trump revealed that Ukrainian President Zelensky plans to head to Washington this Friday to seal the deal. Trump sees the pact as repayment for billions in military aid, hinting that peacekeepers might be needed if peace is reached.
Moscow has rejected any NATO presence in Ukraine, while European countries are open to sending peacekeepers. Trump, however, claims Russia would accept them—though Moscow swiftly dismissed this idea.
The deal gives the US access to Ukraine’s vast mineral wealth, with Trump promising taxpayers their money back. Initial opposition from Zelensky, who balked at a $500 billion demand from Washington, was overcome by a revised agreement.
The US and Ukraine will now set up a joint Investment Fund for Reconstruction. Ukraine will contribute 50% of mineral revenue, up to $500 billion. In return, the US commits to developing a stable, prosperous Ukraine.
Trump added that Ukraine has already received $350 billion from the US, with more military aid and equipment on the way.
Ukraine holds critical deposits of 22 out of 34 minerals vital to the EU, including rare earth elements and precious metals.
