Ukraine Plans to Revise US Mineral Investment Agreement
Ukraine Plans to Revise US Mineral Investment Agreement

Ukraine Plans to Revise US Mineral Investment Agreement

News summary

Ukraine is seeking amendments to a new draft economic agreement with the United States, particularly requesting increased investments. The proposed deal would grant the US extensive control over Ukraine's mineral and infrastructure investments indefinitely, raising concerns in Kyiv about its implications for EU membership and potential repayment of US military and economic aid since the war began. Ukrainian officials recently discussed these concerns with their US counterparts, who appeared open to negotiations. Critics in Ukraine have described the terms as overly favorable to the US, with one lawmaker labeling them 'downright HORRIBLE.' The situation remains fluid, as Ukraine prepares its final proposals for changes to the agreement, which has faced significant scrutiny domestically. The US aims to finalize the deal soon, but President Zelensky has emphasized the need for protections for Ukraine's interests.

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