Ukraine has reached an agreement with the United States on a significant minerals deal, a senior official in Kyiv confirmed to the BBC.
While details are still skechy, the official described the outcome as positive, noting that certain amendments had been made to the original terms.
Reports suggest that Washington has dropped its initial demand for a $500 billion revenue share from Ukraine’s natural resources. However, a key sticking point remains, Ukraine has not secured firm security guarantees from the US, a crucial condition Kyiv had been pushing for in negotiations.
The agreement comes at a time of heightened geopolitical tensions, with Ukraine seeking both economic support and stronger defense commitments as it continues to resist Russian aggression. The deal is expected to provide Ukraine with critical economic benefits by leveraging its vast mineral resources, which are vital for global industries such as electronics and defense manufacturing.
US President Donald Trump announced that Ukrainian President Volodymyr Zelensky is set to visit Washington this week to formalize the agreement. The meeting follows a series of sharp exchanges between the two leaders, highlighting underlying tensions in their diplomatic relations.
While the minerals deal marks a strategic win for both nations, Ukraine’s concerns over security remain unresolved. Without clear military assurances, Kyiv may still face challenges in ensuring long-term stability and protection from external threats.