The latest version of the U.S.-Ukraine mineral agreement lacks the security guarantees requested by Kyiv, reports the American newspaper The New York Times, which has reviewed the document.
According to the publication, the agreement retains a provision requiring Ukraine to direct half of its revenues from natural resource extraction into a special fund. The U.S. will hold the maximum financial stake in this fund permitted by U.S. law, but not necessarily in full.
The draft agreement also includes a provision for reinvesting the fund’s profits in Ukraine, though it does not specify what share of these profits will be allocated. The fund will also focus on attracting investments to Ukraine.
A clause that required Kyiv to contribute $500 billion to a U.S.-controlled fund in exchange for previously provided aid has been removed. Additionally, Ukraine will not be obliged to pay an amount double the value of future U.S. aid, as was stipulated in the previous version of the document.
The agreement is still under discussion and may be amended. The signing of the agreement is expected to be carried out by U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky.
