Donald Trump claims this deal would see the US receive more than it had spent on Ukraine, but more details reportedly need to be ironed out.
According to a source in Ukraine’s Presidential office, what has been agreed at this stage are the initial terms of an agreement with the US which includes the country’s critical minerals and other resources.
“The provisions of the deal are much better for Ukraine now,” they added.
Reports suggest it would see the creating of a jointly owned fund, which would be used to rebuild Ukraine’s infrastructure and economy.
It would receive a sizeable proportion of Ukraine’s profits from its natural resources.
On the surface, it appears a “$500bn” price tag Donald Trump once gave has been dropped, but it does not apparently contain what President Zelensky has long called for – security guarantees which would stop Russia from invading again.
Nevertheless, it seems a trip to Washington is being planned for later this week. Against a hostile backdrop where Washington has aligned with Moscow, it is hoped this agreement will pave the way for more cooperation between Kyiv and its once biggest ally.
A financial stake just might give the White House a reason to protect Ukraine if this war was to reignite after a ceasefire was signed.
