U.S., Ukraine Finalize Rare Earths Agreement; Kyiv Hopes Deal To Secure Military Support | Details

4972 views | Feb 26, 2025, 11:01:52 AM | TOI.in
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Ukraine and the U.S. have reportedly reached a framework agreement on a major economic deal granting U.S. access to Ukraine's rare earth minerals. According to Ukrainian officials, the agreement—expected to be signed as early as Friday—could help secure continued U.S. military support. President Trump called it "a very big deal," estimating it could be worth a trillion dollars. The deal does not include security guarantees but allows joint ownership of a fund where Ukraine would contribute 50% of future proceeds from state-owned resources. The negotiations follow weeks of tense exchanges between Trump and Zelenskyy over the terms of U.S. aid.#ukraine #unitedstates #zelensky #trump #ukrainewar #rareearthminerals #presidenttrump #donaldtrump #russia