Ukraine sends delegation to US for mineral deal this week

Ukraine sends delegation to US for mineral deal this week
US President Donald Trump and Ukraine's President Volodymyr Zelensky meet in the Oval Office of the White House in Washington, DC, February 28, 2025. Credit: Belga / AFP

Ukraine is sending a delegation to the United States this week to discuss the so-called minerals deal.

"We aim to reach an agreement on the selection of projects, legal frameworks, and mechanisms for long-term investments," stated Deputy Prime Minister Yuliia Svyrydenko on X.

She added that the dialogue "reflects the strategic interests of both nations" and their "shared commitment to building a strong, transparent partnership."

The delegation includes representatives from the Ministries of Economic Affairs, Foreign Affairs, Justice, and Finance.

The negotiations are highly sensitive in Ukraine. While the talks are not public, some information has leaked through the media.

Reportedly, a portion of the revenue from extracting Ukrainian resources is to be allocated to a fund.

This fund is intended to invest in Ukrainian projects eventually, but initially, the profits would compensate the US, with interest, for its support to Ukraine.

The US reportedly imposed stricter conditions after President Volodymyr Zelenskyy’s visit to the White House in February.

Zelenskyy was expected to sign an earlier version of the deal, but this did not happen following the heated debate in the Oval Office on 28 February when President Trump and his vice-president insulted Zelensky and attacked him verbally.

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