US Presents Ukraine with Revised Minerals Agreement After Initial Rejection - Axios
Photo: Grok AI Generated, ill. purposes.
The Trump administration has provided Ukraine with an improved draft of a minerals agreement after President Zelenskyy's rejection of the initial proposal led to diplomatic tensions, according to officials and sources familiar with the matter, Orda reports, citing Axios.
The initial draft, delivered before Treasury Secretary Bessent's visit to Kyiv, reportedly proposed giving 50% of mining revenues to the US and placing the agreement under New York court jurisdiction.
Zelenskyy declined to sign immediately, citing the need for parliamentary approval.
The rejection sparked criticism from Trump, who called Zelenskyy a "dictator."
However, a more favorable draft has been presented. It addresses some of Ukraine's concerns, including removing the reported New York court jurisdiction requirement.
National Security Adviser Waltz urged Zelenskyy to "come back to the table," emphasizing the deal's importance as a security guarantee through economic partnership. The agreement concerns Ukraine's significant reserves of rare earth minerals, potentially worth trillions of dollars.
After meeting with US envoy Keith Kellogg on Thursday, Zelenskyy expressed readiness for "a strong, effective investment and security agreement" and thanked the US for its continued support.
Sources indicate that several of Zelenskyy's aides have encouraged him to sign the updated proposal.
Latest news
- Zelenskyy Arrives in London Ahead of “Coalition of the Willing” Meeting
- Nurbol Nazarbayev’s Possible Ties to Altyn Orda Market Takeover Under Prosecutor General's Scrutiny
- Putin’s Envoy Kirill Dmitriev Arrives in the U.S. for Talks
- Sputnik Azerbaijan Editor Released Under House Arrest
- China Energy to Invest Over $1 Billion in Energy Projects in Kazakhstan
- Putin and Aliyev Discuss Trade and Energy Cooperation During Phone Call
- Former Rudny Prosecutor on Trial for Alleged 20 Million Tenge Bribe
- WSJ: Trump Chose a Moderate Sanctions Option Against Russia
- Toqayev: Kazakhstan Must Remain a State With Strong Presidential Authority
- KTZ Workers in Beineu Claim Intimidation After Complaints About Working Conditions
- Who’s Selling a Luxury Home in Astana?
- Major Chinese State Oil Companies Suspend Purchases of Russian Crude After U.S. Sanctions
- Sherzat Polat: Family Moves Into New Home
- Kazakhstan's Flag Raised in New York City on Republic Day
- Oskemen Schools Move to Online Learning Amid Severe Air Pollution
- Ancient Amphibians Found Near Kurty After 50 Years
- The Case of Yana Legkodimova: What Is Known So Far
- Another Attempt to Take Over Orda Being Made
- Lawyers Sound Alarm Over Journalists’ Health in Prison: Mukhammedkarim and Tleuzhan Denied Treatment
- Russian Foreign Ministry Spokesperson Calls Gyumri Mayor’s Arrest Armenia’s Internal Affair