Kyiv said on Wednesday that it had made &nbsp;&lsquo;significant&rsquo; progress in the long-running and fraught talks with Washington over a minerals deal intended to secure further US support for Ukraine. Kyiv and Washington had planned to sign a deal on extracting Ukraine&rsquo;s strategic minerals, until a clash between US President Donald Trump and Ukrainian President Volodymyr Zelensky temporarily derailed work on the agreement.
Also read:&nbsp;<a href="https://www.wionews.com/world/chinese-soldiers-fighting-for-russia-against-ukraine-warn-of-death-racism-and-endless-contracts-8954687" rel="dofollow noopener" target="_blank">&lsquo;Don&rsquo;t come, there&rsquo;s nothing good here&rsquo;: Chinese soldiers fighting for Russia warn of death, racism, and endless contracts</a>
&ldquo;Our technical teams have worked very thoroughly together on the agreement, and there is significant progress,&rdquo; Ukraine&rsquo;s Economy Minister Yulia Svyrydenko wrote on social media. She said that the Ukrainian side had &ldquo;adjusted several items within the draft agreement&rdquo; and that the two sides would sign a &ldquo;memorandum of intent&rdquo; soon. The Ukrainian parliament would vote on any final accord, she added.
&ldquo;It will create opportunities for investment and development in Ukraine and establish conditions for tangible economic growth for both Ukraine and the United States,&rdquo; Svyrydenko said.
Also read:&nbsp;<a href="https://www.wionews.com/world/i-just-got-here-trump-insists-russia-ukraine-war-not-his-war-slams-zelensky-biden-for-absolutely-horrible-job-8961927" rel="dofollow noopener" target="_blank">&lsquo;I just got here&rsquo;: Trump insists Russia-Ukraine War &lsquo;not his war,&rsquo; slams Zelensky, Biden for &lsquo;absolutely horrible job&rsquo;</a>
A senior official with knowledge of the talks earlier said talks were moving forward &ldquo;quite fast&rdquo;.
Trump wants the deal&mdash;designed to give the US royalty payments on profits from Ukrainian mining of resources and rare minerals&mdash;as compensation for the aid given to Ukraine by his predecessor, Joe Biden.
Also read:&nbsp;<a href="https://www.wionews.com/world/this-is-bidens-war-eu-convenes-emergency-talks-after-trump-calls-russian-strike-on-ukraine-a-mistake-8960870" rel="dofollow noopener" target="_blank">&lsquo;This is Biden&rsquo;s war&rsquo;: EU convenes emergency talks after Trump calls Russian strike on Ukraine a &lsquo;mistake&rsquo;</a>
The source told AFP that newer drafts of the accord appeared not to recognise US aid as a debt owed by Ukraine. That assessment echoed an earlier report from Bloomberg News that said Washington had eased a demand that Kyiv pay back aid delivered since Russia invaded Ukraine in early 2022.
It reported that US Treasury Secretary Scott Bessent had said in Argentina on Monday that a deal could be signed as early as &ldquo;this week&rdquo;.
Also read |&nbsp;<a href="https://www.wionews.com/world/stop-threatening-china-warns-after-us-slaps-beijing-with-whopping-245-tariffs-donald-trump-trade-war-imports-8968395">'Stop threatening': China warns after US slaps Beijing with whopping 245% tariffs</a><a href="https://www.wionews.com/world/stop-threatening-china-warns-after-us-slaps-beijing-with-whopping-245-tariffs-donald-trump-trade-war-imports-8968395">&nbsp;</a>

World: Trump wants the deal—designed to give the US royalty payments on profits from Ukrainian mining of resources and rare minerals—as compensation for the aid given to Ukraine by his predecessor, Joe Biden.

Kyiv said on Wednesday that it had made ‘significant’ progress in the long-running and fraught talks with Washington over a minerals deal intended to secure further US support for Ukraine. Kyiv and Washington had planned to sign a deal on extracting Ukraine’s strategic minerals, until a clash between US President Donald Trump and Ukrainian President Volodymyr Zelensky temporarily derailed work on the agreement. Also read: ‘Don’t come, there’s nothing good here’: Chinese soldiers fighting for Russia warn of death, racism, and endless contracts “Our technical teams have worked very thoroughly together on the agreement, and there is significant progress,” Ukraine’s Economy Minister Yulia Svyrydenko wrote on social media. She said that the Ukrainian side had “adjusted several items within the draft agreement” and that the two sides would sign a “memorandum of intent” soon. The Ukrainian parliament would vote on any final accord, she added. “It will create opportunities for investment and development in Ukraine and establish conditions for tangible economic growth for both Ukraine and the United States,” Svyrydenko said. Also read: ‘I just got here’: Trump insists Russia-Ukraine War ‘not his war,’ slams Zelensky, Biden for ‘absolutely horrible job’ A senior official with knowledge of the talks earlier said talks were moving forward “quite fast”. Trump wants the deal—designed to give the US royalty payments on profits from Ukrainian mining of resources and rare minerals—as compensation for the aid given to Ukraine by his predecessor, Joe Biden. Also read: ‘This is Biden’s war’: EU convenes emergency talks after Trump calls Russian strike on Ukraine a ‘mistake’ The source told AFP that newer drafts of the accord appeared not to recognise US aid as a debt owed by Ukraine. That assessment echoed an earlier report from Bloomberg News that said Washington had eased a demand that Kyiv pay back aid delivered since Russia invaded Ukraine in early 2022. It reported that US Treasury Secretary Scott Bessent had said in Argentina on Monday that a deal could be signed as early as “this week”. Also read | 'Stop threatening': China warns after US slaps Beijing with whopping 245% tariffs

Ukraine signals ‘significant progress’ in minerals talks with US

The United States is reportedly pushing for tougher terms in a new mineral agreement with Ukraine. A revised draft proposal suggests Kyiv should repay US war aid by giving up 50% of revenues from future natural resource projects. Watch this report to know more!

US seeks 50% of Ukraine's mineral revenue to recover war aid

Ukraine will send a team to the US next week to begin further negotiations on a new draft of the rare earth minerals deal that would give the US access to Ukraine's mineral resources, Economy Minister Yuliia Svyrydenko said, according to a report.
&ldquo;The new draft agreement from the U.S. shows that the intention to create a fund or jointly invest remains,&rdquo; Svyrydenko told the Associated Press, during a trip to northern Ukraine.
The Ukrainian delegation will include representatives from the Ministries of Economy, Foreign Affairs, Justice and Finance.&nbsp;
Svyrydenko said, "What we have now is a document that reflects the position of the U.S. Treasury legal team. This is not a final version, it&rsquo;s not a joint position.&rdquo;
Also read: <a href="https://www.wionews.com/world/in-exchange-for-military-support-us-proposes-new-minerals-deal-for-ukraine-zelensky-says-this-is-important-8901953">'In exchange for military support': US proposes new minerals deal for Ukraine, Zelensky says 'This is important'</a>
She added that Ukraine's task now is to assemble a technical team for negotiations, define its red lines and send a delegation to the US for technical talks as early as next week.&nbsp;
&ldquo;It&rsquo;s clear that the full parameters of this agreement can&rsquo;t be discussed online,&rdquo; Svyrydenko said. &ldquo;We need to sit down with the teams and continue the conversation in person.&rdquo;
The US and Ukraine were supposed to sign the minerals deal in February, however the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky did not turn out well, which postponed the signing of the deal.&nbsp;
Also read: <a href="https://www.wionews.com/world/zelensky-offers-to-sign-minerals-deal-at-any-time-says-trump-defending-his-position-on-ukraine-8791523">Trump speech: Zelensky offers to sign minerals deal 'any time', says US president</a>
<h2>What is there in the new draft?</h2>
The new document presents a new US proposal that goes beyond a previous framework agreed upon in February.&nbsp;
The new draft includes not only rare-earth minerals but gas and oil too.&nbsp;
However, the new draft got leaked, following which, Zelensky ordered a formal investigation into the leak of a recent US proposal concerning profits from Ukraine&rsquo;s energy and mineral assets.&nbsp;
The leak comes as tensions grow between Kyiv and the Trump administration over the conditions of a proposed agreement involving critical energy and mineral resources.
Also read: <a href="https://www.wionews.com/world/mole-inside-volodymyr-zelensky-ukraine-lie-detectors-us-mineral-deal-with-trump-leaks-8930450">Mole inside Zelensky&rsquo;s inner circle? Ukraine breaks out 'lie detectors' after Trump' mineral deal draft leaks</a>
The draft agreement was made public on 26 March by opposition MP Yaroslav Zheleznyak, who claimed to have obtained a copy. Speaking at a press briefing on 28 March, Zelensky called the leak &ldquo;strange&rdquo; and questioned how the information had been passed on. &ldquo;I wonder who is transmitting this information,&rdquo; he said.
Notably, Ukraine holds significant deposits of more than 20 minerals, which are deemed critical by the US, including titanium, which is used to make aircraft wings, lithium, key to several battery technologies, and uranium, used in nuclear power.
Also read: <a href="https://www.wionews.com/world/zelensky-calls-for-us-companies-to-invest-in-ukraines-rare-earths-8691277">Zelensky invites US companies to invest in Ukraine's rare earths</a>
(With inputs from agencies)

World: Ukraine's task now is to assemble a technical team for negotiations, define its red lines and send a delegation to US for technical talks as early as next week.

Ukraine will send a team to the US next week to begin further negotiations on a new draft of the rare earth minerals deal that would give the US access to Ukraine's mineral resources, Economy Minister Yuliia Svyrydenko said, according to a report. “The new draft agreement from the U.S. shows that the intention to create a fund or jointly invest remains,” Svyrydenko told the Associated Press, during a trip to northern Ukraine. The Ukrainian delegation will include representatives from the Ministries of Economy, Foreign Affairs, Justice and Finance. Svyrydenko said, "What we have now is a document that reflects the position of the U.S. Treasury legal team. This is not a final version, it’s not a joint position.” Also read: 'In exchange for military support': US proposes new minerals deal for Ukraine, Zelensky says 'This is important' She added that Ukraine's task now is to assemble a technical team for negotiations, define its red lines and send a delegation to the US for technical talks as early as next week. “It’s clear that the full parameters of this agreement can’t be discussed online,” Svyrydenko said. “We need to sit down with the teams and continue the conversation in person.” The US and Ukraine were supposed to sign the minerals deal in February, however the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky did not turn out well, which postponed the signing of the deal. Also read: Trump speech: Zelensky offers to sign minerals deal 'any time', says US president What is there in the new draft? The new document presents a new US proposal that goes beyond a previous framework agreed upon in February. The new draft includes not only rare-earth minerals but gas and oil too. However, the new draft got leaked, following which, Zelensky ordered a formal investigation into the leak of a recent US proposal concerning profits from Ukraine’s energy and mineral assets. The leak comes as tensions grow between Kyiv and the Trump administration over the conditions of a proposed agreement involving critical energy and mineral resources. Also read: Mole inside Zelensky’s inner circle? Ukraine breaks out 'lie detectors' after Trump' mineral deal draft leaks The draft agreement was made public on 26 March by opposition MP Yaroslav Zheleznyak, who claimed to have obtained a copy. Speaking at a press briefing on 28 March, Zelensky called the leak “strange” and questioned how the information had been passed on. “I wonder who is transmitting this information,” he said. Notably, Ukraine holds significant deposits of more than 20 minerals, which are deemed critical by the US, including titanium, which is used to make aircraft wings, lithium, key to several battery technologies, and uranium, used in nuclear power. Also read: Zelensky invites US companies to invest in Ukraine's rare earths (With inputs from agencies)

'Not just rare earth minerals, but...': Ukraine, US talks on new minerals deal next week | Here's what Trump wants now

US President Donald Trump on Wednesday (Feb 26) confirmed Ukrainian President Volodymyr Zelensky's visit to the White House on Friday this week.
"We&rsquo;re doing very well with Russia-Ukraine. President Zelensky is going to be coming on Friday. It&rsquo;s now confirmed, and we&rsquo;re going to be signing an agreement,&rdquo; Trump said.&nbsp;
Without giving much details, Trump, while addressing his first official Cabinet meeting, said that "it will be a very big agreement", referring to the minerals deal.&nbsp;
Zelensky said on Wednesday (Feb 26) that he hoped to visit Washington on Friday to meet President Donald Trump and discuss striking a minerals deal with the United States.
Also read: <a href="https://www.wionews.com/world/ukrainian-president-zelensky-hopes-to-meet-president-trump-in-us-on-feb-28-8759701">'It can be a big success': Zelensky hopes to meet Trump in US this Friday</a>
<h2>1. 'Will get our money back'</h2>
The US president added that the deal would allow the US to "get our money back". "And we're going to get a lot of money in the future, and I think that's appropriate because we have taxpayers that shouldn't be footing the bill," he says. "It's all been worked out."
A peace deal could follow afterward, Trump added.&nbsp;
US President Donald Trump is holding his first official Cabinet meeting on Wednesday, with his closest ally and billionaire Elon Musk present during the meeting.&nbsp;
Musk arrived at the White House in all-black attire and his signature black "Make America Great Again" cap.&nbsp;
Trump said that one of the things he was elected to do was balance the budgets and "getting our budget back into shape".
Also read: <a href="https://www.wionews.com/world/trump-administration-orders-federal-agencies-to-prepare-for-job-cuts-8759853">Trump administration orders federal agencies to prepare for job cuts</a>
<h2>2. 'Musk getting a lot of praise'</h2>
He then asked Musk to speak first at the meeting, saying, "Musk is sacrificing a lot... and getting a lot of praise, but he's also getting hit."
Musk stood up and said that the overall goal of the DOGE team is to "help address the enormous deficit". "We simply cannot sustain it," he says, "if this continues the country will become de facto bankrupt."
<h2>3. 'Best cabinet ever'</h2>
The billionaire then praised Trump's cabinet, saying, "It is the best cabinet ever, literally."
Earlier in the day, Trump said that "all cabinet members are extremely happy" with Elon Musk's work.
Trump interrupted Musk in the middle and asked the cabinet, "Is anybody unhappy with Elon? If you are, we will throw you out of here." He said as he joked and laughed.&nbsp;
Trump reiterated his belief that the cabinet is behind the tech billionaire and invited Musk to answer.
Also read: <a href="https://www.wionews.com/world/not-elon-musk-but-amy-gleason-now-leads-trumps-doge-who-is-she-8759221">Not Elon Musk but Amy Gleason now leads Trump's DOGE. Who is she?</a>
<h2>4. 'Gold card plan will sell like crazy'</h2>
Trump predicted that his "gold card" plan to replace the EB5 visa programme is going to "sell like crazy" as his administration takes steps towards monetising the US immigration system.&nbsp;
&ldquo;I want to be able to have that person stay in the country. These companies can go and buy a gold card, and they can use it as a matter of recruitment. At the same time, the company is using that money to pay down debt. We&rsquo;re going to, we&rsquo;re going to pay down a lot of debt with that,&rdquo; Trump said.
<h2>5. Tariffs on EU</h2>
The US president said that he will not be stopping tariffs on Canada or Mexico and will be announcing tariffs on the European Union soon.&nbsp;
&ldquo;It&rsquo;ll be 25% generally speaking,&rdquo; Trump said. &ldquo;And that&rsquo;ll be on cars and all other things.&rdquo;
Also read: <a href="https://www.wionews.com/world/wow-musk-reacts-as-tulsi-gabbard-says-over-100-intelligence-officers-fired-over-sexually-explicit-nsa-chats-8758988">'Wow': Musk reacts as Tulsi Gabbard says over 100 intelligence officers fired over sexually explicit NSA chats</a>
<h2>6. 'Will not be making security guarantees to Ukraine'</h2>
The US president said that he will not be making &ldquo;security guarantees to Ukraine beyond very much,&rdquo; suggesting European nations take that responsibility because of geographical proximity.
&ldquo;I&rsquo;m not going to make security guarantees beyond very much. We&rsquo;re going to have Europe do that because it&rsquo;s in, you know &mdash; we&rsquo;re talking about, Europe is their next-door neighbour, but we&rsquo;re going to make sure everything goes well. And as you know, we&rsquo;ll be making a&mdash; we&rsquo;ll be really partnering with Ukraine, in terms of rare earth. We very much need rare earth. They have great rare earth,&rdquo; Trump said.&nbsp;
He added that his Interior Secretary Doug Burgum and Energy Secretary Chris Wright would be &ldquo;working on that together.&rdquo;
<h2>7. 'I never comment on that', Trump on China</h2>
While highlighting on China-Taiwan row, Trump declined to say if his administration would move to prevent China from taking Taiwan by force.&nbsp;
"I never comment on that &mdash; I don&rsquo;t comment on anything, because I don&rsquo;t want to ever put myself in that position," he said.&nbsp;
&ldquo;And if I said it, I certainly wouldn&rsquo;t be saying it to you. I&rsquo;d be saying it to other people, maybe people around this table, very specific people around this table,&rdquo; Trump added.
Also read: <a href="https://www.wionews.com/world/video-of-donald-trump-sucking-elon-musks-feet-plays-on-govt-screen-watch-8754577">AI video of Donald Trump sucking Elon Musk's feet plays on govt office screens - WATCH</a>
<h2>8. 'Not going to touch' entitlement programmes</h2>
Trump promised that his administration will not make cuts to entitlement programmes like Medicare, Medicaid, and Social Security&mdash;a promise that comes after House Republicans passed a budget blueprint that includes plans to slash $880 billion over a decade from federal health and energy programmes.
&ldquo;We&rsquo;re not going to touch it,&rdquo; Trump said when pressed on whether he could guarantee Medicare, Medicare, and Social Security would not be touched.
He suggested, however, that the cuts could come from rooting out fraud.
<h2>9. Putin a 'cunning and smart guy'</h2>
Trump called Russian President Vladimir Putin a "cunning" and "very smart guy", adding that he thinks "we are going to have a deal&rdquo; regarding the war in Ukraine and said that Putin will &ldquo;have to&rdquo; make concessions.
Trump also said that he has &ldquo;great respect&rdquo; for the fighters in Ukraine, and called them &ldquo;great fighters&rdquo;.
&ldquo;But without our equipment, that war would have been over, like people said, in a very short period of time,&rdquo; he added.
He further said that NATO was "probably the reason" the war started in the first place.
<h2>10. 'EU was formed to screw the US'</h2>
The US president described the EU, whose creation was encouraged for decades by Washington, as rooted in an attempt to counter the United States.
"Look, let's be honest, the European Union was formed in order to screw the United States," Trump said at a cabinet meeting.
(With inputs from agencies)
&nbsp;
&nbsp;

World: Without giving much details, Trump, while addressing his first official Cabinet meeting, said that "it will be a very big agreement", referring to the minerals deal.

US President Donald Trump on Wednesday (Feb 26) confirmed Ukrainian President Volodymyr Zelensky's visit to the White House on Friday this week. "We’re doing very well with Russia-Ukraine. President Zelensky is going to be coming on Friday. It’s now confirmed, and we’re going to be signing an agreement,” Trump said. Without giving much details, Trump, while addressing his first official Cabinet meeting, said that "it will be a very big agreement", referring to the minerals deal. Zelensky said on Wednesday (Feb 26) that he hoped to visit Washington on Friday to meet President Donald Trump and discuss striking a minerals deal with the United States. Also read: 'It can be a big success': Zelensky hopes to meet Trump in US this Friday 1. 'Will get our money back' The US president added that the deal would allow the US to "get our money back". "And we're going to get a lot of money in the future, and I think that's appropriate because we have taxpayers that shouldn't be footing the bill," he says. "It's all been worked out." A peace deal could follow afterward, Trump added. US President Donald Trump is holding his first official Cabinet meeting on Wednesday, with his closest ally and billionaire Elon Musk present during the meeting. Musk arrived at the White House in all-black attire and his signature black "Make America Great Again" cap. Trump said that one of the things he was elected to do was balance the budgets and "getting our budget back into shape". Also read: Trump administration orders federal agencies to prepare for job cuts 2. 'Musk getting a lot of praise' He then asked Musk to speak first at the meeting, saying, "Musk is sacrificing a lot... and getting a lot of praise, but he's also getting hit." Musk stood up and said that the overall goal of the DOGE team is to "help address the enormous deficit". "We simply cannot sustain it," he says, "if this continues the country will become de facto bankrupt." 3. 'Best cabinet ever' The billionaire then praised Trump's cabinet, saying, "It is the best cabinet ever, literally." Earlier in the day, Trump said that "all cabinet members are extremely happy" with Elon Musk's work. Trump interrupted Musk in the middle and asked the cabinet, "Is anybody unhappy with Elon? If you are, we will throw you out of here." He said as he joked and laughed. Trump reiterated his belief that the cabinet is behind the tech billionaire and invited Musk to answer. Also read: Not Elon Musk but Amy Gleason now leads Trump's DOGE. Who is she? 4. 'Gold card plan will sell like crazy' Trump predicted that his "gold card" plan to replace the EB5 visa programme is going to "sell like crazy" as his administration takes steps towards monetising the US immigration system. “I want to be able to have that person stay in the country. These companies can go and buy a gold card, and they can use it as a matter of recruitment. At the same time, the company is using that money to pay down debt. We’re going to, we’re going to pay down a lot of debt with that,” Trump said. 5. Tariffs on EU The US president said that he will not be stopping tariffs on Canada or Mexico and will be announcing tariffs on the European Union soon. “It’ll be 25% generally speaking,” Trump said. “And that’ll be on cars and all other things.” Also read: 'Wow': Musk reacts as Tulsi Gabbard says over 100 intelligence officers fired over sexually explicit NSA chats 6. 'Will not be making security guarantees to Ukraine' The US president said that he will not be making “security guarantees to Ukraine beyond very much,” suggesting European nations take that responsibility because of geographical proximity. “I’m not going to make security guarantees beyond very much. We’re going to have Europe do that because it’s in, you know — we’re talking about, Europe is their next-door neighbour, but we’re going to make sure everything goes well. And as you know, we’ll be making a— we’ll be really partnering with Ukraine, in terms of rare earth. We very much need rare earth. They have great rare earth,” Trump said. He added that his Interior Secretary Doug Burgum and Energy Secretary Chris Wright would be “working on that together.” 7. 'I never comment on that', Trump on China While highlighting on China-Taiwan row, Trump declined to say if his administration would move to prevent China from taking Taiwan by force. "I never comment on that — I don’t comment on anything, because I don’t want to ever put myself in that position," he said. “And if I said it, I certainly wouldn’t be saying it to you. I’d be saying it to other people, maybe people around this table, very specific people around this table,” Trump added. Also read: AI video of Donald Trump sucking Elon Musk's feet plays on govt office screens - WATCH 8. 'Not going to touch' entitlement programmes Trump promised that his administration will not make cuts to entitlement programmes like Medicare, Medicaid, and Social Security—a promise that comes after House Republicans passed a budget blueprint that includes plans to slash $880 billion over a decade from federal health and energy programmes. “We’re not going to touch it,” Trump said when pressed on whether he could guarantee Medicare, Medicare, and Social Security would not be touched. He suggested, however, that the cuts could come from rooting out fraud. 9. Putin a 'cunning and smart guy' Trump called Russian President Vladimir Putin a "cunning" and "very smart guy", adding that he thinks "we are going to have a deal” regarding the war in Ukraine and said that Putin will “have to” make concessions. Trump also said that he has “great respect” for the fighters in Ukraine, and called them “great fighters”. “But without our equipment, that war would have been over, like people said, in a very short period of time,” he added. He further said that NATO was "probably the reason" the war started in the first place. 10. 'EU was formed to screw the US' The US president described the EU, whose creation was encouraged for decades by Washington, as rooted in an attempt to counter the United States. "Look, let's be honest, the European Union was formed in order to screw the United States," Trump said at a cabinet meeting. (With inputs from agencies)

Confidence in nation at 'all-time high': 10 key takeaways from Trump's first official cabinet meeting

The US and Ukraine have agreed on key terms for a minerals deal, a move that could reshape global resource supply chains. Reports suggest the agreement may include security guarantees, while officials confirm that a clause deemed unfavorable to the US was removed. Meanwhile, the UK Prime Minister heads to the US to bridge gaps over Ukraine policy. Will this deal strengthen Ukraine’s position or deepen geopolitical tensions?

US and Ukraine finalize minerals deal amid security concerns

Ukraine, long known for its vast mineral wealth, is now at the center of a global power struggle. Beneath its soil lies trillions worth of critical minerals, including rare earth metals essential for everything from electronics to defense technologies. This report delves into why these minerals are so valuable, what’s at stake for both Ukraine and the US, and what the complex negotiations are unfolding behind the scenes.

US-Ukraine critical minerals deal: What's at stake?

minerals-deal

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