The Ukrainian President Volodymyr Zelenskiy will meet on Friday the President of the United States Donald Trump to seal an agreement for the participation of the United States in the Ukrainian mineral sector while Kiev tries to recover the support of the United States in the fight against the invasion of Russia.
Zelenskiy, who received billions of dollars in US arms and moral support from Joe Biden’s government, is facing an attitude clearly different from Trump, who claims to want to end quickly to the three -year war, improve ties with Russia and recover billions spent in support of Ukraine.
Trump also adopted a much less committed position for Europe’s security, a tone that caused shock throughout the continent and has favored fears in Kiev and among its allies that Ukraine can be forced to a peace agreement that favors Russia.
The agreement negotiated in the last few days would open the vast mineral wealth of Ukraine to the United States, but does not include explicit security guarantees for Ukraine, which is a disappointment for Kiev. Trump says that the presence of Americans in the mineral sector would serve by the form of a guarantee.
The amount that the agreement would have had for the United States was not explained. Trump said he hopes to earn hundreds of billions of dollars. Zelenskiy said he wouldn’t have signed an agreement that would put out his country from the generations.
Ukraine would contribute with 50% of “all revenues obtained with the future monetization of all relevant natural resources activities owned by the Ukrainian government” to a reconstruction fund of the joint administration with the United States.
The agreement does not specify how the funds would be spent, nor identify the specific activities it covers, even if it says that they would include minerals, oil and natural gas deposits, as well as infrastructure, as gas and doors terminals.
Conversations in Washington are a diplomatic impulse for Zelenskiy, who repeatedly spoke of the importance of meeting Trump personally before the President of the United States speaks with the Russian president Vladimir Putin.
“The Ukrainians were very qualified to turn them and use it (the mineral agreement) as a opening to involve the United States”, a European diplomat in Kiev, who asked for anonymity to discuss delicate issues.
Kiev expects the agreement to encourage Trump to support the war effort of Ukraine and potentially also the support of republican parliamentarians for a new tour of help.
Ukraine has quickly expanded the production of its defense sector, but remains strongly dependent on foreign military assistance, while fighting to replace the work while facing a much larger enemy.
Although Ukraine rejected the Russian invasion around Kiev and regained a large part of the territory in 2022, Russia still controls about 20% of Ukraine and has slowly gained land since Ukrainian stunting by 2023.
Kiev’s troops maintain a piece of land in the Kursk region in western Russia after a 2024 raid.
Source: Terra
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