Ukraine and the United States have made significant strides toward finalizing a bilateral minerals agreement, with a memorandum expected to be signed soon, Ukrainian officials said on Wednesday. The deal is seen as a key part of U.S. President Donald Trump’s broader strategy to end the war and recou
Ukraine and the United States have made "substantial progress" in their talks on a minerals deal and will sign a memorandum in the near future, First Deputy Prime Minister Yulia Svyrydenko said on Wednesday.
U.S. President Donald Trump is seeking a bilateral minerals deal as part of his push to end Ukraine's war against the Russian invasion. Trump also sees it as a way to recover billions of dollars the U.S. has spent on military assistance to Ukraine. President Volodymyr Zelenskiy has said that Ukraine would not recognise past U.S. military aid as loans.
"Our technical teams have worked very thoroughly together on the agreement, and there is significant progress. Our legal staff has adjusted several items within the draft agreement," Svyrydenko said in a social media post on X.
Svyrydenko said the work on the deal would continue and that both sides agreed to sign a memorandum in the near term as the first stage to record the progress.
Deputy Ukrainian Economy Minister Taras Kachka told national television that talks were advancing and that it was likely a provisional document, or memorandum, could be signed very soon.
"A final document won't be signed this week. There is a lot of work to be done because the ideas included in the agreement by the U.S. side need to be developed further," Kachka said.
The United States has reduced its cost estimate for the assistance provided to Ukraine since Russia's invasion in 2022 to about $100 billion from $300 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Last month, the Trump administration proposed a new, more expansive minerals deal, which gives Ukraine no future security guarantees but requires it to place in a joint investment fund all income from the exploitation of natural resources by state and private enterprises across Ukrainian territory.
The future agreement would require ratification in Ukraine's parliament and was expected to help economic growth in both countries, Svyrydenko said, but provided no more details.
"It will create opportunities for investment and development in Ukraine and establish conditions for tangible economic growth for both Ukraine and the United States," she said.
Saudi Foreign Minister Prince Faisal bin Farhan has arrived in Washington for talks with U.S. Secretary of State Marco Rubio on bilateral ties and ...
Willy Sagnol’s six-year spell as Georgia head coach has ended, closing a historic chapter that saw the country reach its first European Champ...
A Russian guided aerial bomb has struck an apartment building in Kharkiv, injuring 22 people, including children, according to the city’...
Iran has called for a diplomatic solution after U.S. President Donald Trump rejected its Hormuz proposal, while Foreign Minister Abbas Araghchi said Tehran was awaiting a definitive U.S. response through mediators.
A Russian guided aerial bomb has struck an apartment building in Kharkiv, injuring 22 people, including children, according to the city’s mayor. The strike follows a day of near-continuous Russian attacks across Ukraine that killed at least five people.
British police have arrested five men on suspicion of offences under the Explosives Act after a major security incident was declared near RAF Fairford, a British air base used by U.S. air forces in Gloucestershire, England.
Six people have died after a two-storey residential building in a tourist area of central Athens collapsed, the Greek fire brigade said on Saturday (26 September), following an explosion that the mayor said was likely linked to gas infrastructure.
Serbia's President Aleksandar Vučić resigned on Sunday, ending his second and final five-year term and paving the way for an early presidential election as the country prepares for a snap parliamentary vote on 25 October.
A Russian guided aerial bomb has struck an apartment building in Kharkiv, injuring 22 people, including children, according to the city’s mayor. The strike follows a day of near-continuous Russian attacks across Ukraine that killed at least five people.
France’s far-right National Rally (RN) and its ally, the Union of the Right for the Republic (UDR), have won enough seats to form a group in the Senate for the first time, marking a breakthrough for the party ahead of the 2027 presidential election.
Pope Leo has renewed his pledge to tackle abuse within the Catholic Church after privately meeting survivors of clergy abuse during his visit to France.
Swiss voters have overwhelmingly rejected stricter neutrality rules that would have limited the country’s ability to impose sanctions and cooperate with NATO, with more than 70 per cent voting against the proposal.
Pope Leo XIV joined an estimated 150,000 pilgrims for a traditional candlelight procession at the Sanctuary of Our Lady of Lourdes in southern France on Sunday (27 September), during the final evening of his visit to the Catholic pilgrimage site.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment