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UKRAINE: Deputy PM-Minerals Deal w/US In 'Final Stages' Of Negotiation

UKRAINE
EM BulletHomepagemarkets-real-timePolitical RiskCommoditiesPolitical Risk BulletCEEMEABulletUkraineEmerging Market News

Reuters reports comments from Ukraine's deputy prime minister claiming that Ukrainian and US negotiations 'are in the final stages' of talks regarding a minerals deal. Deputy PM claims that Kyiv 'offered to sign a deal in Washington, D.C., during a meeting of presidents'. Says that 'nearly all key details are finalised'. and that Kyiv is committed to completing a deal 'as swiftly as possible."

  • Previously, President Volodymyr Zelenskyy and his administration had rejected the USD500B US deal for access to rare earth mineral rights in Ukraine, claiming that the amount demanded from the US was too high and that the lack of security guarantees in the event of Russia breaking a ceasefire was unacceptable.
  • On 21 Feb, US President Donald Trump claimed that a deal was close, saying "I think we're pretty close, yeah. I think they want it. They feel good about it. And it's a significant, it's a big deal, but they want it and it keeps us in that country and they're very happy about it,"
  • The rejection of the minerals deal earlier in Feb when Treasury Sec Scott Bessent travelled to Kyiv did not go down well at the White House, with Trump strongly criticising Zelenskyy in social media posts amid the lack of progress on a minerals deal and after Zelenskyy referred to Trump as "living in a disinformation space". 
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Reuters reports comments from Ukraine's deputy prime minister claiming that Ukrainian and US negotiations 'are in the final stages' of talks regarding a minerals deal. Deputy PM claims that Kyiv 'offered to sign a deal in Washington, D.C., during a meeting of presidents'. Says that 'nearly all key details are finalised'. and that Kyiv is committed to completing a deal 'as swiftly as possible."

  • Previously, President Volodymyr Zelenskyy and his administration had rejected the USD500B US deal for access to rare earth mineral rights in Ukraine, claiming that the amount demanded from the US was too high and that the lack of security guarantees in the event of Russia breaking a ceasefire was unacceptable.
  • On 21 Feb, US President Donald Trump claimed that a deal was close, saying "I think we're pretty close, yeah. I think they want it. They feel good about it. And it's a significant, it's a big deal, but they want it and it keeps us in that country and they're very happy about it,"
  • The rejection of the minerals deal earlier in Feb when Treasury Sec Scott Bessent travelled to Kyiv did not go down well at the White House, with Trump strongly criticising Zelenskyy in social media posts amid the lack of progress on a minerals deal and after Zelenskyy referred to Trump as "living in a disinformation space".