In a significant development, the United States and Ukraine have reached an agreement on a deal concerning natural resources and reconstruction, according to a Ukrainian official. However, the progress comes amid ongoing disagreements over security guarantees. The Americans resisted including security guarantees in the draft, leaving the precise wording regarding Ukraine's security unclear. Despite this, Ukrainian President Volodymyr Zelensky is set to travel to Washington, with a proposed meeting at the White House on Friday.
The negotiations saw Ukraine agreeing to grant the United States access to its rare earth minerals in exchange for US involvement in a reconstruction fund for Ukraine. This move marks a step forward after an earlier version of the deal, demanding a $500 billion share of Ukraine’s rare earths in return for aid, was rejected by Zelensky. The new terms appear more favorable, although some thornier details about the resources deal await further negotiation.
A source revealed that President Zelensky could not accept the previous version of the deal due to the lack of American "obligations" while Ukraine was "expected to provide everything." It remains uncertain whether a meeting between US President Donald Trump and Zelensky will take place during the latter's visit to Washington. However, the White House has indicated awareness of Zelensky's expected arrival by the end of the week.
President Trump hinted at a potential visit from Zelensky during a press conference, stating that he "may come" to Washington this week or next. The possibility of direct talks between the US and Ukrainian presidents concerning security guarantees remains open, suggesting that these critical issues might be addressed in person.
French President Emmanuel Macron commended President Trump for his diplomatic efforts during his visit to the White House on Monday. The endorsement reflects international interest in the ongoing negotiations and their broader implications for US-Ukraine relations.
The source emphasized that signs indicate both leaders are edging closer to a comprehensive agreement. However, further discussions are necessary to iron out remaining details and address security concerns. The upcoming potential meeting in Washington holds promise for advancing these talks and solidifying commitments from both sides.
