The USA and Ukraine are close to signing a 'mineral deal' worth hundreds of billions: Axios reported on the draft document.

Ukraine and the USA are moving closer to a mineral deal worth hundreds of billions of dollars

The latest negotiations between the USA and Ukraine regarding the signing of a mineral deal, which could be valued at hundreds of billions of dollars, are at the final stage. This agreement involves the USA's support for Ukraine in the areas of development and security. For the USA, it is an opportunity to gain returns on their investments in Ukraine, which has significant potential in the field of mineral resources.

The Ukrainian government views this agreement as a chance to establish a long-term partnership with the USA and prevent further deterioration of relations with the Trump administration. According to preliminary information, the deal could be signed soon and aim to create a Recovery and Investment Fund to be jointly managed by Ukraine and the USA.

However, the previous proposals from the USA were rejected by Ukraine because they did not take into account the requirements for military support. The draft agreement provides for financial support for Ukraine's development but does not include military obligations from the USA. Additionally, the agreement stipulates that Ukraine must contribute a significant amount to the Fund, which is twice the contributions from the USA.

This agreement will be an important step for Ukraine, as a major portion of its mineral resources is located in the war-torn east. After the signing of the framework document, the details of the agreement will be discussed jointly by the Department of Treasury and the Department of Commerce of the USA, as well as the Ministry of Economy of Ukraine.