The United States and Ukraine are poised to finalize a significant minerals agreement, granting the U.S. access to Ukraine’s extensive mineral resources. This development follows a contentious Oval Office meeting where Ukrainian President Volodymyr Zelenskyy was abruptly dismissed.
President Donald Trump intends to announce the agreement during his address to Congress on Tuesday evening, though the deal has yet to be signed. The White House has not commented on the matter.
The agreement, initially stalled due to the heated meeting, is back on track after U.S. officials urged Ukrainian counterparts to proceed. Zelenskyy expressed readiness to sign the deal and emphasized Ukraine’s commitment to peace negotiations.
“Our meeting in Washington, at the White House on Friday, did not go the way it was supposed to be. Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer,” Zelenskyy wrote on social media.
The proposed deal includes no explicit security guarantees for Ukraine but allows the U.S. access to revenues from Ukraine’s natural resources. It also envisages Ukraine contributing 50% of future monetization of state-owned natural resources to a jointly managed reconstruction investment fund.
The deal is anticipated to be signed prior to President Trump’s address on Tuesday night at 9 PM EST.