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Ukrainian President Volodymyr Zelenskyy has hailed a new mineral resources agreement with the United States as a “win-win” initiative that could unlock $30 billion in military aid, provide critical air defense systems,and serve as a long-term economic and strategic buffer against Russian aggression.
Speaking to journalists in Kyiv on Saturday following talks with U.S. President Donald Trump, Zelenskyy described the proposed deal as “historic,” noting that it would establish a joint investment fund to support the extraction and processing of strategic minerals in Ukraine. In return, the agreement would open the door for American investment, enhanced military support, and a deeper economic partnership.
“This mineral resources deal is beneficial for both sides,” Zelenskyy said, according to remarks published by Interfax-Ukraine. “We aim to defend our territory and our people with air defense systems. That’s why we’re ready for these systems to be part of the deal.”
Zelenskyy confirmed that Kyiv had submitted a list of air defense requirements to Washington, and Trump had shown readiness to consider the request. However, the Ukrainian leader stressed that such systems would need to be purchased, not donated, under the terms of the fund.
$30 Billion Military Aid Framework
The Ukrainian president referenced two tranches of U.S. military aid—$15 billion each for 2025 and 2026—previously approved by Congress. Under the mineral fund framework, both tranches could potentially be advanced and delivered in 2025, with Ukraine gradually repaying its share.
“This would be a $30 billion U.S. contribution, and Ukraine would repay its share gradually. That’s the kind of deal we’re discussing,” Zelenskyy said.
The proposal would also enable duty-free export of raw materials to the U.S., while laying the groundwork for value-added manufacturing within Ukraine. One of the targeted mineral zones is located near Pokrovsk in Donetsk, a front-line area near ongoing conflict with Russian forces.
Strategic and Political Implications
Zelenskyy described the deal as a form of economic insurance for U.S. companies and a strategic shield for Ukraine. “Trump told me personally... Russia won’t touch Ukraine, because we’re partners now,” he said.
He also revealed that he raised the issue of expanded U.S. sanctions on Russia during the meeting with Trump, calling the response “very powerful,” though he declined to offer details.
If finalized, the deal could significantly strengthen Ukraine’s defense capabilities and provide critical foreign investment into its embattled economy, while further entrenching U.S. involvement in the region’s long-term security architecture.
A 7.0 magnitude earthquake struck offshore near Taiwan’s north-eastern county of Yilan late on Saturday, shaking buildings across the island, including in the capital Taipei, authorities said.
Brigitte Bardot, the French actress whose barefoot mambo in And God Created Woman propelled her to international fame and reshaped female sexuality on screen, has died at the age of 91, her foundation said on Sunday.
Iran is engaged in a “comprehensive war” with the United States, Israel, and Europe, Iranian President Masoud Pezeshkian stated on Saturday.
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Venezuelan President Nicolás Maduro on Sunday praised the country’s armed forces as “invincible warriors” during a year-end ceremony honouring the Bolivarian National Armed Forces, held in the coastal city of La Guaira.
Israeli Prime Minister Benjamin Netanyahu is expected to try to persuade U.S. President Donald Trump to allow strikes on Iran’s missile facilities, when the two meet today in Florida.
Roman Abramovich, the Russian billionaire and former Chelsea Football Club owner, has assembled a “top tier” legal team, including a former White House advisor, as he prepares for a legal battle in Jersey.
Chinese nuclear experts have suggested that Japan, with its advanced nuclear technology infrastructure, could potentially build nuclear weapons in less than three years.
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North Korean leader Kim Jong Un oversaw the launch of long-range strategic cruise missiles on Sunday, in what state media described as a test confirming the country’s nuclear deterrent and readiness to respond to security threats.
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