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Macron Praises Trump on Ukraine Minerals Deal With Zelenskiy
Posted
February 25, 2025
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0:43Now PlayingUkraine has agreed with the US on a deal to jointly develop its critical minerals, oil and gas, people familiar with the matter said, in what the White House sees as a first step toward reaching a ceasefire with Russia.
Ukraine’s Cabinet is expected to recommend on Wednesday that the deal be signed, according to the people, who asked not to be identified discussing private deliberations. The White House didn’t immediately respond to a request for comment.
President Donald Trump has pressured President Volodymyr Zelenskiy to accept the deal, first presented by Treasury Secretary Scott Bessent in Kyiv earlier in February, but which the Ukrainian president rejected after he said it didn’t offer security guarantees.
The minerals agreement doesn’t spell out any specific security guarantees, the people said. but US officials have said that by binding Ukraine to the US through economic ties, that would provided a de facto security shield. A detailed agreement is expected to be worked out later.
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