In the White House on Friday Zelenski – signs for rare land

It will visit it on Friday, according to yesterday’s statement by the US president to sign.

To this end, the Ukrainian Council of Ministers will meet as soon as possible today, Wednesday, to approve the signing of the agreement either within the week and in any case before Zelenski travels to.

The Trump-Chalenski meeting is coming, with the US president accusing the Ukrainian of calling him a “dictator” and Zelenski claiming that Trump is swallowing Russian misinformation.

The target of the agreement on rare land

The agreement is designed to allow the US to use part of Ukraine’s huge mineral wealth and to boost the country’s post -war development. Trump has argued that the mineral agreement will generate billions of dollars in US revenue and help recover the costs associated with US support in Ukraine in war.

Trump – Zelenski Agree

The agreement on the exploitation of rare Ukrainian earths by the US comes at a time when the US -Ukraine relationship seemed to collapse.

Volodimir Zelenski clearly expressed his dissatisfaction with the fact that the Trump government began talks with Moscow about the future of the war without himself involved. In addition, the negotiation table were removed from Ukraine’s basic claims- such as its ability to join NATO- without resulting in corresponding pressure on Russia.

Trump, for his part, was a furious that Zelensky rejected an original version of the mineral agreement. He falsely claimed that Ukraine had begun the war and launched repeated personal attacks on Zelenski by pressing in the direction he was interested in.

Minerals “saved” the US -Ukraine relationship

Ukrainian and US officials said US envoy Keith Kloge played a decisive role in limiting the crisis on mineral agreement and preventing it into a deeper rift between Trump and Zelenski.

What does the agreement provide for

The final version of the Agreement, dated 24 February, which the FTs saw, would create a fund in which Ukraine would contribute 50% of the revenue from the “future monetary” of state mineral resources, including oil and gas, and the relevant papers. The Fund would invest in projects in Ukraine.

The mineral resources that are already contributing to the Ukrainian government funds are excluded, which means that it would not cover the existing activities of Naftogaz or Ukrnafta, the largest natural gas and oil producers in Ukraine.

However, the deal fails any reference to the US security guarantees, which Kiev had initially insisted in return to agree to the agreement. It also leaves critical issues, such as the size of the American participation in the Fund and the terms of the “common property” agreements, to be resolved in agreements to follow.

After three years in which the US was the main sponsor of Kiev’s military aid, Trump overturned Washington’s policy by opening bilateral talks with Russia, without European allies or Ukraine at the table.

The terms that have changed

Ukrainian officials said the deal was approved by the Ministers of Justice, Economy and Foreign Affairs and expressed the prospect of Zelenski to travel to the White House in the coming weeks for a signing ceremony with Trump.

“This will be an opportunity for the president to discuss what is the wider image. And then, after that, we will be able to think about the next steps, “said one official.

Trump’s initial sweeping proposal provided for an investment reconstruction fund in which the US “will maintain 100% of their financial interest”. Ukraine would contribute 50% of the fund’s revenue from mineral resource extraction, including oil and gas and related infrastructure, with a maximum of $ 500 billion.

These terms, which were described as unacceptable by Ukrainian officials, were removed from the final plan.

The next steps

The fund’s mandate to invest in Ukraine is another change that Kiev had requested. The document states that the US will support Ukraine’s economic growth in the future.

Ukrainian officials added that the deal was merely a “framework agreement” and that no income would change hands until the fund was put into operation, allowing them to smooth out any disagreements. Among the pending issues is to agree to the jurisdiction of the agreement.

The ratification of the agreement by the Ukrainian Parliament

The Zelenski government should also seek the approval of the Ukraine Parliament, where opposition MPs have stated that they will have at least one intense debate before ratifying such an agreement.

Carolin Levit, a White House spokesman, told reporters on Tuesday that it is “crucial to sign this deal”, although she did not provide information on talks.