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Ukraine rejects Trump bid to take rights to half its mineral reserves


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Ukraine President Vloadimire Jensky rejected a US proposal to own about 5 percent of its country’s rare earth minerals and according to several people known on this, trying to discuss for better agreements.

The US Treasury Secretary Scott Besent offered the agreement to Kiev on Wednesday, which was informed that Ukraine had a half trillion worth of assets in exchange for assistance in the US war -torn country after Trump advised Trump.

According to three people familiar with the US-Ukraine discussion, Zelnsky is seeking directly involved in any agreement related to American and European protection mineral reserves.

He is also interested in engaging in the exploitation of future natural resources for the EU state and other countries.

“We’re still talking,” Jelnsky said on Saturday Munich. “I have had a different conversation.”

A Ukrainian senior official told the Financial Times that Kiev was “trying to discuss for a better deal”.

Ukraine's President Vloadimire Jelnsky sits with the US Secretary of Treasury Scott Besent
U.S. Treasury Secretary Scott Besent, Left and Vloadimire Jelnsky discussed this agreement during a meeting on Wednesday in Kiev © Reuters

During his visit to Kiev’s President’s office this week, Basent brought a document that Trump wanted to sign in before returning to Washington, and five people known on the fact that.

When he and Zelnsky talk to journalists before discussing this agreement personally for about an hour, Basent described it as a “economic agreement” to “engage in our economy” with Kiev.

The Trump administration will stand up to the end [with Kyiv] Basent said “long -term protection will provide IELD for all Ukrainians” when the Russia war ended.

“When we saw the details there was nothing [about future US security guarantees]”Another Ukrainian officer told Foot.

Asked if it was a bad deal for Ukraine, the third Ukrainian officer, who was familiar with the proposal, said it was “Trump’s contract”. “This is Trump Dilmaking,” the officer said. “It’s hard.”

The main concern of Ukraine is the lack of connection to the broad security guarantee, according to the three who reviewed this proposal.

Ukrainian officials asked how this agreement would contribute to their country’s long-term protection, but it was only said that it would confirm American presence on Ukrainian soil — a vague response that had left the original questions left.

Basent argued that the mere presence of mineral deposits would be enough to prevent Moscow’s mere presence of Americans.

Another sticking point is that the specification of the document will be the jurisdiction that will be the jurisdiction where the dispute over mineral rights has been resolved, according to the two known.

After their meeting, Zensky told reporters that he would consider the proposal but would not sign any sign at that time.

“We will review this document and work quickly to ensure that our parties reach an agreement. The United States is our strategic partner and we are committed to finalizing the details, “Jelnsky said at the time.

Besent said after the meeting that Trump wanted to complete the deal.

“I believe this document is important from President Trump’s point of view in resolving this conflict [with Russia] As soon as possible, “he said. “We will guarantee American assistance to the people of Ukraine. I believe this is a very strong signal to Russia about our purpose. “

Jensky said he wanted to discuss the possibility of another mineral rights agreement at the Munich Protection Conference.

At a meeting with US Vice-President JD Vans in Munich on Friday, he built a counter-offfire that he also discussed with US lawmakers next to the forum.

In a speech in Munich on Friday, Gelnsky said that his legal team would review the document presented by Kiev to advise and advise possible change. He described it as a memorandum between the United States and Ukraine instead of a formal protection agreement.

Gelnsky did not sign the agreement because he wanted to get to European countries involved in mineral mining, a European official about the meetings.

“They are under intense pressure from Americans about this,” said the officer.

The US proposal has come together with a “victory plan” that the Gelnsky team has been developing to deepen the relationship with the Trump administration from last summer to deepen the relationship by allowing access to minerals used in the high -tech industry in the United States.

There are several trillion dollars worth of valuable minerals, including lithium, titanium and graphite in Ukraine, all are important for making high -tech products. However, many of these resources are in the region that is under the occupation of Russia or the progress of the Kremlin is at risk of being imprisoned by the forces, as they sit near the front line of Ukraine.



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