The terms of the agreement remain vague, and it is unclear what Ukraine will receive in return for these mineral rights amidst ongoing hostilities with Russia, now in its fourth year. President Zelensky has sought assurances on security, crucial in light of the ongoing conflict; however, previously reviewed drafts of the agreement did not include any such commitments.
A finalized agreement draft was sent to Ukraine, with plans for Treasury Secretary Scott Bessent and his Ukrainian counterpart to sign off before a formal signing ceremony involving President Trump and President Zelensky in Washington. President Trump confirmed Zelensky's anticipated visit, indicating he was open to finalizing the deal. However, Zelensky rejected an earlier draft, which lacked firm U.S. security guarantees and included what he deemed unacceptable terms, including demands for mineral rights valued at $500 billion.
A finalized agreement draft was sent to Ukraine, with plans for Treasury Secretary Scott Bessent and his Ukrainian counterpart to sign off before a formal signing ceremony involving President Trump and President Zelensky in Washington. President Trump confirmed Zelensky's anticipated visit, indicating he was open to finalizing the deal. However, Zelensky rejected an earlier draft, which lacked firm U.S. security guarantees and included what he deemed unacceptable terms, including demands for mineral rights valued at $500 billion.