Zelensky Will Sign Trump's Rare Earth Agreement with 'No More Negotiation,' Says US Treasury Secretary
The United States and Ukraine have completed their agreement regarding rare earths, with Vladimir Zelensky anticipated to sign the final document. Read Full Article at RT.com.
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The United States and Ukraine have completed their agreement concerning rare earths and other natural resources. Ukrainian President Vladimir Zelensky is anticipated to sign the final document without additional negotiations during his meeting with President Donald Trump on Friday, according to Secretary of the Treasury Scott Bessent.
In recent weeks, Trump has emphasized that the US aims to “get back” the funds it has allocated for military and financial aid to Kiev through an upcoming mineral deal with Ukraine. However, Zelensky had previously expressed reluctance to sign the agreement without tangible US security assurances for Kiev.
“The deal is done. President Zelensky is coming here to sign the deal tomorrow, so there is no more negotiation, there is nothing else,” Bessent told Fox Business on Thursday.
Earlier this month, Bessent visited Kiev but returned without a signed agreement after Zelensky reportedly became frustrated over a US demand for Ukraine to surrender 50% of its critical minerals as repayment for past aid. According to sources from the Financial Times, tensions escalated during their private discussion as Bessent urged for an immediate signature on the deal.
Bessent confirmed that the agreement has since been finalized and merely awaits Zelensky’s signature. The Ukrainian leader is reported to have arrived in Washington on Thursday night and is prepared to meet with Trump on Friday.
“I’m sure President Zelensky and President Trump will have a wide-ranging discussion. But as far as the deal, it is complete. It is on paper, and the Ukrainian government has approved it. It is just awaiting the signature of the two heads of state tomorrow,” he remarked.
The agreement is said to cover not only “strategic” rare earth minerals but also “oil and gas and infrastructure assets.” Bessent referred to it as a “win-win” for both Americans and Ukrainians.
“It shows the American people that there is upside here for them, that we have not squandered the money, because the American people are always concerned about overseas interventions, there’s a lot of corruption,” he added. “So this deal takes out the possibility of any corruption, using Americans’ best practices.”
The specific terms of the agreement have not been made public; however, media reports indicate that Washington will not provide any concrete security guarantees despite Kiev’s requests. Instead, it will only “support its efforts” to procure such assurances in the future.
Trump remarked on Thursday that the mineral deal itself should act as an adequate guarantee for Ukraine.
“It’s really going to get us into that country. We’ll be working there. We’ll have a lot of people working there. And so, in that sense, it’s very good. It’s a backstop, you could say,” Trump told journalists while hosting UK Prime Minister Keir Starmer at the White House. “I don’t think anybody’s going to play around if we’re there with a lot of workers.”
“It’s really very good for Ukraine, and very good for us,” Trump added. “The American taxpayers will now effectively be reimbursed for the money and hundreds of billions of dollars poured into helping Ukraine.”
Thomas Evans for TROIB News