Axios: U.S.-Ukraine minerals deal nears completion:

Axios is reporting that a deal with US and Ukraine is close:

  • U.S.-Ukraine Minerals Agreement: Nearing a deal worth hundreds of billions of dollars, focused on economic investment and Ukraine’s sovereignty.

  • U.S. Perspective: Trump administration sees it as a way to recoup U.S. investment in Ukraine.

  • Ukraine’s View: Officials hope the deal will stabilize relations with the U.S. and ensure long-term support.

  • Reconstruction Investment Fund:

    • Co-managed by the U.S. and Ukraine.
    • Designed to attract investments in infrastructure, mining, and ports.
    • Allows the U.S. to recoup expenditures related to Ukraine’s defense and recovery.
  • Zelensky’s Position:

    • Rejected initial U.S. demand for $500 billion from Ukraine’s minerals.
    • Insists that aid should not be considered debt.
    • Wants U.S. military support included in the agreement.
  • Financial Terms:

    • Ukraine must contribute double the U.S. investment to the fund.
    • 50% of revenues from extractable materials (minerals, oil, gas) will be allocated to the fund.
  • Key Omission: The draft does not specify any U.S. military commitment to Ukraine’s defense.

This article was written by Greg Michalowski at www.forexlive.com.

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