FileToto: Republican presidential candidate and former US President Donald Trump and Ukrainian President Volodymyr Zelenskyy meet in the Trump Tower in New York City, USA, September 27, 2024.
Shannon Stapleton | Reuters
According to media reports, the Ukraine and the United States have achieved an agreement on access to Kyiv's deposits of rare earth minerals when Kyiv wants to strengthen its connections to their most important transatlantic allies of the Trump administration.
The draft stipulates that the two countries will jointly develop the mineral resources of Ukraine, including oil and gas, and the US requirements for 500 billion US dollars in potential income from the Agreement from Financial Times, In which the deal was first reported on Tuesday.
US President Donald Trump seemed to confirm the progress in relation to the deal that was still colored.
“I hear that [there is a deal]I hear that [Ukrainian President Volodymyr Zelenskyy]”Coming on Friday,” said Trump on Tuesday reporters in the Oval Office.
“It is definitely okay with me if he wants, and he wants to write it with me. And I understand that this is a big deal, a very big deal,” he added. “They are rare earths and other things,” said Trump, without giving further details.
Trump said the agreement had billions of dollars of help and “a lot of equipment and military equipment and the right to fight against the fight, and originally bought the right”.
The text of the deal does not give the Ukraine specific security guarantees based on the Financial Times-a important problem for Kyiv, since it is a future after the war in which it is protected against further Russian aggression.
CNBC has contacted the Ukrainian Ministry of Foreign Affairs and the US State Department. Neither CNBC nor NBC News have seen a copy of the “Framework agreement”.
Bloomberg News and Sky News also reported that the terms and conditions were achieved.
It is unclear how much mineral assets are within Ukraine, although a Ukrainian civil servant from the Ministry of Economic Affairs reports on weekends that are natural resources worth $ 350 billion in Russian territories, reported Kyiv Independent on Sunday.
The deputy Prime Minister of Ukraine, Olha Stefanishyna, reported reported to the negotiations between Washington and Kyiv about the mineral agreement and announced the Financial Times on Tuesday that “we heard of the US administration several times that it is part of a larger picture. “
“Ukraine, I will say they are very brave and they are good soldiers, but without the United States and their money and their military equipment, this war would have been over in a very short time,” added Trump on Tuesday.
Security guarantees
Yuriy Sak, a advisor to the Ukrainian Ministry of Strategic Industry, said the BBC on Wednesday that the deal is not exactly what the USA or Ukraine wanted, but “good enough for the negotiation process”.
“Many things that we didn't like were dropped,” he told the British broadcaster and added that the discussions about security guarantees had to be continued.
“It makes no sense to sign a deal for critical minerals if Russians can revive a month after the deal has been signed,” he said.
The management of Ukraine has been entertaining since President Donald Trump's inauguration in January to adopt a contract with the USA. The President initially suggested that Kyiv should grant the 50% property of minerals of rare earth as a reward for military help that Ukraine existed. Trump already claimed in an interview that a deal would make the US minerals worth rare earth worth 500 billion US dollars accessible, and that this would be a repayment for the help already received by Kyiv.
The Ukrainian President Volodymyr Zelenskyy provided the amount of the war that the United States gave to Ukraine and placed the number at around 100 billion US dollars. In the independent analysis of the Kiel Institute for the global economy, the amount of US support for Ukraine is obliged to do 114.2 billion euros or 119.5 billion US dollars.
“From Trump I would like to understand what Ukraine can receive, as well as security guarantees and quota after the end of the hot stages of war” Russia's invasion of Ukraine.
“An agreement should be won for American companies and the people of Ukraine,” he added in comments that were translated by NBC News. “I don't sign anything that will pay for 10 generations of Ukrainians.”
US President Donald Trump (CL) shakes Ukrainian President Volodymyr Zelenskyy (CR) in the Notre-Dame-Cathedral in front of a ceremony for the reopening of the pioneering cathedral in Central Paris on December 7, 2024.
Ludovic Marin | AFP | Getty pictures
“Around [the] 500 billion US dollars. Let's handle the figure first. I know we had $ 100 billion. That is a fact. I will not recognize 500 billion US dollars … the second to be honest, I am not even ready to repair 100 billion. I will explain why. Because we should not recognize grants as debt, ”he said.
Zelenskyy also found that every support from Ukraine was still a legacy of the previous US administration under Joe Biden, and added that “as far as I understand that there is a condition for a new support.”
In separate comments last week, Zelenskyy said that he could not “sell” his country and that a first proposal in the United States had not offered Ukraine.
The Ukrainian leader reported reported to his ministers last week not to conclude himself in any deal.
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