Donald Trump’s special envoy, Keith Kellogg, has arrived in Kyiv to discuss a potential agreement on mineral extraction, Bloomberg reports, citing sources.
According to the publication, the U.S. had previously proposed terms under which the American side would receive 50% of the revenue from license sales and other income related to extraction. However, Kyiv rejected the offer, as it could have violated Ukrainian laws. Now, the parties are discussing possible adjustments to make the deal mutually beneficial.
According to a source, “ideally,” the agreement could be signed in the presence of Donald Trump and Volodymyr Zelensky.
The Trump administration views this project as a way to strengthen ties between the U.S. and Ukraine. However, a significant portion of Ukraine’s future security guarantees, according to the source, will remain Europe’s responsibility.
