As Ukraine faces mounting pressure to concede its mineral wealth, a new proposal from the Trump administration mirrors a previously rejected agreement, indicating a tough road ahead for negotiations.
New Demands Emerge in Ukraine Resource Negotiations
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New Demands Emerge in Ukraine Resource Negotiations
Amidst ongoing tensions, the Trump administration pushes challenging terms for Ukraine’s natural resources.
In a notable development during negotiations on February 22, 2025, Ukraine confronted a proposal from the Trump administration that insists it cede half of its revenues from natural resource extraction, including crucial minerals, oil, and gas. This demand, detailed in a draft document obtained by The New York Times, aligns closely with an earlier agreement that Ukraine deemed too burdensome.
The United States continues to push for significant financial contributions from Ukraine, proposing that natural resource revenues be directed to a fund wholly controlled by the U.S., which must be built until it totals $500 billion—an amount exceeding Ukraine’s pre-war GDP. Reports suggest that several current and former Ukrainian officials have indicated that the terms of the proposed deal have not altered.
Despite the pressing need for financial support amid ongoing conflict, Ukrainian President Volodymyr Zelensky has consistently cited the absence of U.S. security guarantees as a critical reason for rejecting previous propositions. This perspective remains as the new proposal, lacking any mention of security assurances, has been put on the table.
On Saturday, the Ukrainian government began evaluating the revised terms, with the possibility of either immediate acceptance or delays in signing due to previous reluctance expressed by Zelensky regarding the deal's conditions. This development will undoubtedly have profound implications for Ukraine's economic future and its geopolitical relationships.
The United States continues to push for significant financial contributions from Ukraine, proposing that natural resource revenues be directed to a fund wholly controlled by the U.S., which must be built until it totals $500 billion—an amount exceeding Ukraine’s pre-war GDP. Reports suggest that several current and former Ukrainian officials have indicated that the terms of the proposed deal have not altered.
Despite the pressing need for financial support amid ongoing conflict, Ukrainian President Volodymyr Zelensky has consistently cited the absence of U.S. security guarantees as a critical reason for rejecting previous propositions. This perspective remains as the new proposal, lacking any mention of security assurances, has been put on the table.
On Saturday, the Ukrainian government began evaluating the revised terms, with the possibility of either immediate acceptance or delays in signing due to previous reluctance expressed by Zelensky regarding the deal's conditions. This development will undoubtedly have profound implications for Ukraine's economic future and its geopolitical relationships.