Robert Besser
09 Apr 2025, 22:02 GMT+10
KYIV, Ukraine: Talks between Ukraine and the United States over a critical minerals agreement are set to continue this week, as officials from Kyiv travel to Washington to negotiate the terms of a broader draft proposal.
Ukraine's Deputy Prime Minister Yulia Svyrydenko confirmed the upcoming visit in a post on X, stating: "We aim to align on project selection, legal frameworks, and long-term investment mechanisms."
The U.S. administration is pressing for a significant share in Ukraine's future mineral revenues, with President Donald Trump framing the deal as a way to recover some of the billions in aid the U.S. has provided to support Ukraine's defense against Russia. While Kyiv is eager to preserve strong ties with Washington, it remains wary of any agreement that could compromise future economic sovereignty.
In late March, a new draft was presented to Ukrainian officials, expanding significantly on the earlier version that had already been under discussion. Kyiv has not publicly disclosed full details of the proposal but has expressed concern over how far-reaching the terms may be.
Svyrydenko described the upcoming discussions as an extension of shared goals. "The dialogue with the U.S. reflects the countries' strategic interests and our shared commitment to building a strong, transparent partnership," she said.
The delegation heading to the U.S. capital will include officials from Ukraine's economy, foreign affairs, justice, and finance ministries.
Although Ukrainian authorities have remained measured in their public responses, reports suggest the revised draft outlines a sweeping U.S. claim to mineral-derived income.
President Volodymyr Zelenskiy addressed these concerns by making clear that Kyiv would not agree to any arrangement that frames past U.S. aid as loans or undermines the country's aspirations for European Union membership.
Zelenskiy said Kyiv would not recognise past U.S. aid as loans that must be repaid, or agree to a deal that threatened its future integration with the EU.
Get a daily dose of BC Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to BC Post.
More InformationWASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
(Photo credit: Alex Martin/Journal and Courier / USA TODAY NETWORK via Imagn Images) Southern California offensive lineman DJ Wingfield...
(Photo credit: Denny Medley-Imagn Images) LSU and coach Brian Kelly scored a huge win Thursday, keeping local product Lamar Brown...
(Photo credit: Vincent Carchietta-Imagn Images) Inter Miami CF are reportedly in talks to sign Atletico Madrid midfielder Rodrigo...
(Photo credit: Esports World Cup Foundation) The 2025 Esports World Cup officially opened this week with more than 2,000 players...
Kingston [Jamaica], July 10 (ANI): As Mitchell Starc gears up to become just the second Australian fast bowler after Glenn McGrath...
London [UK], July 10 (ANI): Amidst the hot, baking temperatures at Wimbledon, the number 13th seed Amanda Anisimova achieved her maiden...