US President Donald Trump speaks, as he signs an executive order at the Oval Office at the White House on February 14, 2025, Washington, DC, US.
Nathan Howard | Roots
US President Donald Trump’s hopes of Ukraine’s rare Earth minerals collide with a wall on Saturday when President Volodimier Zelanski rejected the bid on the grounds that it focused on American interests.
The possibilities of an economic treaty in exchange for the support of Washington for a war -torn country have received traction in recent times amidst a comprehensive deal to end the war, but Zelansky said that this proposal so far has so far The country has not given any specific security guarantee for them.
“I did not let the ministers sign a relevant agreement because I think it is not ready to protect us, our interest,” Zelancesi told Associated Press on Saturday in Munich. The US had proposed to owe a 50% of the important minerals of Ukraine, stating that citing three people familiar with the case.
Nevertheless, Munich Suraksha Sammelan officials have stated that there is scope to negotiate a deal that is tasty for both sides.
American Republican Senator Lindsay Graham said on Saturday that such a deal could be a “game changer” in solving the struggle and a “nightmare” for Russian President Vladimir Putin.
Graham said on Saturday, “This mineral agreement between the United States and Ukraine is a game changer, as President Trump can go to American people and say that Ukraine is not a burden, it is a profit.”
“If this mineral agreement is done then it is a bad dream for Putin, because we have something to defend that we did not have before,” he said.
Ukraine is the home of huge deposits of precious minerals important for manufacture of high -tech products. Kyiv School of Economics estimates the country Host deposit Out of 50 of the 50 important raw materials including titanium, lithium and zirconium.
President Trump has said that he wants $ 500 billion of such minerals To help reduce American dependence on China from Ukraine, but Zelancesi stated that any exploitation should be bound by safety guarantee for Ukraine.
Democratic senator Chris Cons on Saturday told CNBC that the deal could be “positive” for both sides, provided that it gave security assurances for the Kiev.
“If this is an investment opportunity where American companies and other companies in Europe will be involved in mining and processing, so that we can become independent of Chinese sources of these strategic minerals – and if they are intensely helping our partnership to help help And helps to strengthen, so it helps to ensure Ukraine’s security is moving forward … It will be a positive thing, “Cons said.
However, he said that there were some details of the deal that are “quite different from that.”
