Zelenskyy announces US proposes major minerals deal

Ukrainian President Volodymyr Zelenskyy announced that the Trump administration has proposed a new, comprehensive agreement regarding the development of Ukraine's mineral resources, aimed at aiding the country's war debt repayment and reconstruction efforts. This deal, which builds upon a previous framework, is expected to be substantial, with estimates suggesting Ukraine's mineral deposits could be worth over $10 trillion. Zelenskyy confirmed that the proposal does not involve U.S. control over Ukraine's nuclear power plants, rejecting prior suggestions from Trump on the matter. The new proposal has surfaced during ongoing negotiations between U.S., Ukrainian, and Russian officials in Saudi Arabia. While the U.S. sees this agreement as a way to recoup investments made in Ukraine, Zelenskyy emphasizes the need for tangible security guarantees from the U.S. in return for access to mineral resources. The U.S. Treasury has expressed commitment to finalizing this vital agreement to promote lasting peace.