Ukraine and the U.S. are working together to finalize a minerals deal this week, Bloomberg reported on Friday, February 21.
According to the publication, an agreement on U.S. access to Ukrainian minerals in exchange for security guarantees should be a key element of the efforts of the U.S. President Donald Trump administration to end the three-year war. According to the source, this agreement should ideally be signed in the presence of the U.S. and Ukrainian Presidents.
"Ukrainian and American negotiators are seeking to move past the breakdown in transatlantic relations this week to finalize a deal on critical minerals," the report said.
The U.S. administration sees the minerals deal as a way to link America and Ukraine, but a significant part of Ukraine's future security guarantees will lie with Europe, the publication wrote.
As the Ukrainian News agency earlier reported, on February 14, an insider from the American publication The Washington Post, Josh Rogin, wrote that Ukraine refused to sign a document that would grant the U.S. rights to 50% of Ukraine's rare earth minerals.
On February 15, the British newspaper Financial Times wrote that Ukraine did not sign the agreement because the document did not contain clear security guarantees from the U.S..
On February 18, Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna said that Ukraine had not rejected the agreement on rare earth minerals with the U.S.
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