Negotiations between the United States and Ukraine for access to critical and rare-earth minerals are reportedly nearing completion, with both sides making concessions. Despite this progress, Ukraine has not received the security guarantees it seeks to combat Russian forces, and the US has not received the $500 billion in potential revenue it hoped for from Kyiv’s mineral deposits. Ukrainian President Volodymyr Zelenskyy’s office has not confirmed reports of the agreement. The deal comes after tensions escalated between the two nations, with President Trump suggesting Ukraine’s mineral wealth could repay US military aid, a claim rejected by Zelenskyy. Trump has also criticized the financial support provided to Ukraine by the US, urging European nations to contribute. The agreement could potentially include American military support in addition to access to minerals. In a separate proposal, Russia suggested a deal giving the US ownership of minerals in regions of Ukraine under Russian control. The timeline for a peace deal remains uncertain, with conflicting statements from Trump’s administration. Ukraine’s willingness to provide access to critical minerals is seen as a way to incentivize continued US military aid. The negotiations reflect a complex diplomatic landscape involving multiple parties and competing interests.
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