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

Ukrainian President Folodimir Zelinski rejected an American offer to enjoy about 50 percent of the rare land minerals rights in his country and tries to negotiate a better deal, according to several people familiar with the matter.
Treasury Secretary Scott Bestyy showed the deal during a visit to KYIV on Wednesday, which came after President Donald Trump suggested that the United States was owned by Ukraine’s resources of half a trillion dollars in exchange for its help to the war -torn country.
Zelenskyy wants American and European security guarantees directly linked to any deal on metal reserves, according to four people familiar with US negotiations Ukraine.
It is also keen on other countries, including European Union countries, to participate in the exploitation of future natural resources.
But the deal proposed by Trump and delivered by Besent only referred to the United States, which is obtaining Ukrainian resources in exchange for previous military aid, and did not contain any proposals for similar future assistance, according to a person familiar with the document.
“We are still talking,” Zelinski said in Munich on Saturday. “I had different dialogues.”
A senior Ukrainian official told the Financial Times that Kiev “is trying to negotiate a better deal.”

During his visit to the presidential office in Kiev this week, Pisent brought a document that Trump wanted to sign Zelinsky before Bessin returned to Washington, according to five people who are aware of this issue.
Speaking to reporters before he and Zelenskyy discussed the special deal for about an hour, Bessent described it as a “economic agreement” with Kyiv “to intertwine in our economies.
The Trump administration will stand to the end [with Kyiv] By increasing our “economic commitment” that would provide a long -term security shield for all Ukrainians “as soon as the Russian war ends, Pesent said.
“When we looked at the details, there was nothing there [about future US security guarantees]Another Ukrainian official told FT.
When asked whether it was a bad deal for Ukraine, a third Ukrainian official said he was aware of the proposal that it was the “Trump deal”. “These are Trump’s deals,” the official said. “It’s tough.”
The main concern of Ukraine is a lack of association with the broader security guarantees, according to three people who reviewed the proposal.
Ukrainian officials asked how the long-term security agreement will contribute to their country, but they were told that it would ensure an American on the Ukrainian soil-a mysterious response that left the main questions without an answer.
Bessent has argued that just the presence of Americans who secure mineral deposits will be enough to deter Moscow.
There is another attached point, which is the specifications of the document that New York will be the jurisdiction in which disputes over the rights of minerals are resolved, according to two people who are aware of this issue.
A person close to Zelenskyy said that the American Ambassador Bridget Brink gave him a document that contains the suggestion shortly before Bessent arrived at KyIV, without prior warning.
The person said that KYIV did not believe that the proposal was implemented under the New York Law.
Brenk’s document the same was the same as Bessin later gave Zelinski, according to the person. He was heading “Dawa as of February 7, 2025”. The Zelinski team was told that he is expected to sign him on Wednesday during Pisin’s visit.
The American embassy did not immediately respond to a request for comment.
The person close to Zelinski said that Ukraine supports the concept of exchanging Ukrainian resources for future security. But the American proposal only referred to the previous assistance, not the future, and the official binding international agreement is the only way to ensure the protection of the rights and interests of both sides.
After their meeting, Zelinski told the correspondents that he would look at the proposal but would not sign anything at that time.
“We will review this document and work quickly to ensure that our teams are connected to an agreement. Zelinski said at the time:” The United States is our strategic partner and we are committed to ending the details. “
Pesin said after the meeting that Trump wanted the deal.
“I think this document is important from President Trump’s point of view to resolve this conflict [with Russia] As soon as possible, he said. We will provide guarantees for American assistance to the people of Ukraine. I think this is a very strong sign of Russia about Naiyana. “
Zelenskyy said he wanted to discuss the possibility of metal rights agreement at the Munich Security Conference, which will be held this week.
At a meeting with US Vice President JD Vance in Munich on Friday, he also displayed a counter -discussion with American legislators on the sidelines of the forum.
In a letter in Munich on Friday, Zelenskyy said that his legal team would review the document that Bessent made in KyIV to provide advice and suggest possible changes. He described it as a note between the United States and Ukraine, rather than an official security agreement.
A European official who briefed him on the meetings said that Zelinski did not sign the deal because he wanted to obtain others, including European countries, who also participate in mineral mining.
“They are under severe pressure from the Americans in this,” the official said.
The American proposal is in line with the “Victory Plan” in which the Zelinski team has been developing since last summer to deepen ties with the Trump administration by allowing the United States to reach the critical metals used in high -tech industries.
Ukraine has valuable minerals valued at several trillion dollars, including lithium, titanium and graphite, all of which are necessary to manufacture high -tech products. But many of these resources are in the areas that are subject to the Russian occupation or are at risk of seizing them by the advanced Kremlin forces, where they sit near the front lines in eastern Ukraine.
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2025-02-15 15:31:00