KYIV — A Ukrainian official described to ABC Information particulars of a possible U.S.-Ukraine mineral deal, sharing factors that seem to recommend Kyiv has succeeded in considerably bettering the phrases, maybe staring down a number of the Trump administration’s extra onerous calls for.
The $500 billion demanded by Trump now not options within the draft, a Ukrainian official instructed ABC Information. The fund that Ukraine can pay into can also be now not going to be 100% U.S. owned, the official stated.
The 2 international locations have agreed to a deal regarding crucial minerals and different assets, a senior Ukrainian official stated on Tuesday.
This mixture of images created on Feb. 25, 2025 exhibits President Donald Trump on Feb. 24, 2025, and Ukraine’s President Volodymyr Zelensky on Feb 23, 2025.
Jim Watsontetiana Dzhafarova/AFP through Getty Pictures
President Donald Trump didn’t affirm the U.S. had agreed, as an alternative saying he had heard Ukrainian President Volodymyr Zelenskyy will go to Washington, D.C., to finalize the deal on Friday and that “it is OK with me if he’d prefer to.”
The phrases of a ultimate settlement have not but been disclosed.
The Ukrainian official stated the assets that the settlement will apply to are solely these not presently contributing to the Ukrainian finances, which suggests no oil and gasoline, or seemingly nearly all of the nation’s mineral assets.
If the ultimate deal stays near these phrases, the deal may very well be fairly restricted in actual financial phrases.
Bucket-wheel excavators mine uncommon earth supplies on Ukrainian soil on Feb. 25, 2025, within the Zhytomyr area of Ukraine.
Libkos/Getty Pictures
Carl Bildt, the previous Swedish prime minister and co-chair of the European council on overseas relations, instructed BBC Information that the mineral looks as if a “sideshow” and was principally designed to “preserve Mr Trump completely satisfied.”
“However it isn’t going to provide some huge cash to the U.S., and I do not see it having any materially financial impact for very a few years,” Bildt instructed the BBC.
It is a creating story. Please test again for updates.
ABC Information’ Will Gretsky contributed to this report.
