Axios: U.S.-Ukraine minerals deal nears completion:

February 24, 2025 at 04:24PM
Axios is reporting that a deal with US and Ukraine is close:

U.S.-Ukraine Minerals Agreement: Nearing a deal worth hundreds of billions of dollars, focused on economic investment and Ukraine’s sovereignty.

U.S. Perspective: Trump administration sees it as a way to recoup U.S. investment in Ukraine.

Ukraine’s View: Officials hope the deal will stabilize relations with the U.S. and ensure long-term support.

Reconstruction Investment Fund:

Co-managed by the U.S. and Ukraine.

Designed to attract investments in infrastructure, mining, and ports.

Allows the U.S. to recoup expenditures related to Ukraine’s defense and recovery.

Zelensky’s Position:

Rejected initial U.S. demand for $500 billion from Ukraine’s minerals.

Insists that aid should not be considered debt.

Wants U.S. military support included in the agreement.

Financial Terms:

Ukraine must contribute double the U.S. investment to the fund.

50% of revenues from extractable materials (minerals, oil, gas) will be allocated to the fund.

Key Omission: The draft does not specify any U.S. military commitment to Ukraine’s defense.

This article was written by Greg Michalowski at www.forexlive.com.