Ukraine

Ukraine and US hold first in-depth talks on draft minerals deal

Ukraine and US hold first in-depth talks on draft minerals deal


The American flag in front of the Independence Monument in Kyiv. Stock photo: Getty Images

Ukraine and the United States held their first in-depth discussion, initiated by the US, regarding the draft mineral agreement on 28 March.

Source: Ukrainian public broadcaster Suspilne, citing a source in the Office of the President of Ukraine

Details: The source stated that the work on the agreement between both teams and their lawyers is ongoing.

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Quote: “Ukraine is ready to continue working on it [the agreement – ed.].”

Background:

  • US President Donald Trump stated that Ukraine and the US would soon sign an agreement on critical mineral resources.
  • The framework agreement on mineral resources between Ukraine and the United States is already prepared, with the next step being the development of a detailed document with specific figures.
  • On 27 March, Ukrainian MP Yaroslav Zhelezniak reported that the US had submitted a new draft mineral agreement to Ukraine, which is expected to be reviewed and ratified by the Verkhovna Rada (Ukrainian Parliament) in the near future.
  • Ukrainian President Volodymyr Zelenskyy said that the updated mineral agreement with the US is fundamentally different from previous drafts, and it contains provisions that Ukraine had previously rejected.

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