The United States is close to securing a deal that would grant access to Ukraine’s critical and rare-earth minerals, according to reports. The agreement appears to involve concessions on both sides, with Ukraine seeking security guarantees and the U.S. wanting potential revenue from Ukraine’s deposits. President Trump’s recent comments suggesting Ukraine should pay back military aid with mineral wealth have caused tension, but a settlement between the two countries appears imminent. Ukraine President Zelenskyy is set to hold a press conference to address the situation. Trump has criticized the cost of assistance to Ukraine and has suggested European powers should bear the burden of supporting Kyiv. The timeline for resolving the conflict in Ukraine has been extended, with a peace deal potentially being reached in the next 30-60 days. The draft agreement may include American military support, in addition to access to critical minerals. Both the U.S. and Russia have proposed deals involving mineral ownership in Ukraine, with Russia suggesting the U.S. gain access to minerals controlled by the Russian military. This potential agreement is seen as a way to incentivize continued U.S. military aid to Ukraine.
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