Ukraine has reportedly agreed to a minerals development deal with the United States, paving the way for joint resource exploration, including oil and gas. The agreement comes after Washington dropped demands for a claim to $500 billion in potential revenue from Ukraine’s natural resources.
Ukrainian President Volodymyr Zelensky is expected to travel to the White House for the official signing.
Strategic Partnership and Economic Interests
The deal follows President Donald Trump‘s remarks on Feb. 22, where he suggested the U.S. was close to finalizing a mineral revenue-sharing arrangement with Ukraine. Trump framed the agreement as a step toward resolving the ongoing conflict, a sentiment echoed by some policymakers in Washington. (The Financial Times previously reported that Ukraine had rejected an earlier version of the deal due to the lack of security guarantees.)
Geopolitical Context
The timing of Zelensky’s White House visit underscores Ukraine’s broader geopolitical challenges. The country continues to seek Western economic and military support while balancing its own national interests in the face of continued Russian aggression.
The details of the final agreement remain undisclosed, but sources suggest that Kyiv negotiated for more favorable terms after previous concerns about sovereignty and financial control.
As the situation develops, all eyes will be on the White House meeting, which could mark a decisive shift in the three-year-old Russo-Ukrainian War.
This is a breaking news story. Please check back for updates.
