The U.S. and Ukraine are working to finalize a minerals deal that fell through after Ukrainian President Volodymyr Zelenskyy’s abrupt Oval Office exit last week, according to four sources familiar with the discussions.
President Donald Trump is pushing to announce the agreement during his Congress address on Tuesday, though the deal has yet to be signed.
Talks resumed after a contentious White House meeting, where Trump and Vice President JD Vance criticized Zelenskyy, telling him to express more gratitude for U.S. aid instead of asking for more.
“You’re gambling with World War III,” Trump told Zelenskyy
Despite tensions, U.S. officials have urged Kyiv to move forward, with some advising Zelenskyy to issue an apology to help repair relations.
On Tuesday, Zelenskyy posted on X (formerly Twitter), calling the Oval Office incident “regrettable” and reaffirming Ukraine’s readiness to sign the long-stalled minerals deal.
“Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer,” Zelenskyy wrote.
The original agreement, set to be signed last week, granted the U.S. access to revenues from Ukraine’s natural resources without offering explicit security guarantees.
Ukraine would contribute 50% of monetized state-owned resources to a U.S.-Ukraine reconstruction fund.
France and Britain have offered to deploy peacekeeping troops in Ukraine in case of a ceasefire, but seek U.S. backing—a move rejected by Moscow.
Former U.S. Ambassador Daniel Fried said the deal, if finalized, would be a win for Trump, allowing him to secure Zelenskyy’s regret statement and shift more security responsibility onto Europe.
“Trump can and should take the win,” Fried said, noting that it forces Europe to step up on Ukraine’s security.
With Trump signaling openness to the deal and Zelenskyy showing willingness to proceed, all eyes are on Tuesday’s Congress address for a potential announcement.
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The British government announced on Wednesday that it had struck a series of trade and investment agreements worth $8.6 billion with Saudi Arabia, marking a major step in the UK’s efforts to boost economic relations across the Gulf.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for 29 October, covering the latest developments you need to know.
U.S. President Donald Trump arrived in South Korea on the final stop of his Asia tour, seeking breakthroughs on trade talks with Seoul and Beijing as President Lee Jae Myung rolled out a lavish welcome featuring the nation’s highest honour and a symbolic golden crown.
U.S. President Donald Trump said the U.S.-brokered ceasefire in Gaza remains intact despite Israeli airstrikes that killed dozens, as Israel and Hamas accused each other of violating the fragile truce.
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