WASHINGTON: In a highly anticipated meeting between Ukrainian President Volodymyr Zelenskiy and U.S. Vice President JD Vance, talks aimed at securing a critical minerals deal ended without a finalized agreement. The proposed deal, which is central to Ukraine’s efforts to gain U.S. support under President Donald Trump, could open Ukraine’s vast mineral resources to U.S. investment.
Zelenskiy described the discussions as productive, mentioning that both sides would continue working on the details. Despite progress, some concerns remain, particularly regarding security guarantees for Ukraine in the event a peace deal is reached with Russia. These guarantees are crucial for Ukraine’s future security and sovereignty.
The U.S. presented Ukraine with a draft agreement earlier this week, but Zelenskiy and his team voiced concerns over certain terms, calling them “one-sided.” The Ukrainian delegation expressed dissatisfaction with what they saw as a rushed proposal, leaving many aspects of the deal still under negotiation.
Among the key minerals under consideration for development are rare earth elements, lithium, titanium, and uranium. These minerals are crucial for both countries’ strategic interests, especially in the context of the growing global competition for critical resources.
Ukraine, aiming for a mutually beneficial partnership, is looking to protect its own interests while encouraging U.S. investment in its mining sector. However, Zelenskiy emphasized that any deal must comply with Ukraine’s constitution and provide fair terms for both sides.
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With the talks unresolved, both countries’ teams will continue negotiations with hopes of reaching a deal that benefits both nations. The discussions also highlighted the importance of intertwining Ukraine’s economy with the U.S. in a way that ensures accountability and returns for U.S. taxpayers.
As negotiations continue, Zelenskiy remains focused on securing robust security assurances and a fair economic partnership, making it clear that Ukraine is ready for a “real and guaranteed peace.”
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