Trump expects to sign Ukraine minerals deal soon

Reuters
Reuters

U.S. President Donald Trump announced on Monday that he anticipates a U.S.-Ukraine revenue-sharing agreement on Ukrainian critical minerals will be signed soon.

The deal would allow the United States to secure access to key minerals in Ukraine, which are seen as crucial for various industries, including technology and defense.

Trump also revealed that discussions are ongoing regarding the potential for American firms to own Ukrainian power plants. The announcement follows a series of high-level meetings in Saudi Arabia, where U.S. officials met with Ukrainian and Russian representatives. While the focus of the talks has primarily been on a ceasefire agreement for the Black Sea, Trump indicated that other issues, such as territorial boundaries and the ownership of Ukrainian energy infrastructure, are also being discussed.

"We're talking about territory right now. We're talking about lines of demarcation. Talking about power, power plant ownership. Some people are saying the United States should own the power plant...because we have the expertise," Trump stated, underscoring his administration's interest in enhancing American influence in Ukraine's energy sector.

The proposed minerals deal and the broader energy discussions reflect Trump’s ongoing efforts to solidify U.S. interests in Ukraine while pushing for a resolution to the ongoing conflict with Russia. These developments come as part of his broader strategy to engage in direct negotiations with both Ukrainian and Russian officials in hopes of bringing a swift end to the war that has raged for nearly three years.

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