February 21, 2025
1 min read

U.S. Turns Up Heat on Ukraine Mineral Deal

The proposed agreement, which reportedly demands a 50-per cent share of Ukrainian natural resources…reports Asian Lite News

US National Security Adviser Mike Waltz urged Ukrainian President Volodymyr Zelensky to “tone down” its stance and return negotiations over a minerals deal with the US.

“They need to tone it down and take a hard look and sign that deal,” Waltz told Fox News.

The proposed agreement, which reportedly demands a 50-per cent share of Ukrainian natural resources, was initially presented by US Treasury Secretary Scott Bessent at the Munich Security Conference, Xinhua news agency reported.

“You really need to sign this,” Bessent reportedly told Zelensky during their meeting.

However, Kyiv has so far rejected the US proposal. “I can’t sell our state,” Zelensky said on Wednesday.

“In total, the United States separately gave us about $67 billion in weapons, and we received $31.5 billion in budget support,” he said, adding: “But one cannot count up to $500 billion and say, ‘give us back $500 billion in minerals,’ that’s not a serious discussion.”

Despite this, the Ukrainian leader said Ukraine is grateful for the support and is open to discussing a deal that includes US security guarantees for his country.

Following a meeting in Kyiv with Keith Kellogg, the US special envoy for Ukraine and Russia, Zelensky described their talks as “productive” in a post on the social platform X on Thursday.

“Ukraine is ready for a strong, effective investment and security agreement with the President of the US. We have proposed the fastest and most constructive way to achieve results,” he wrote.

ALSO READ: Macron Calls for Stronger European Defense

Previous Story

Macron Calls for Stronger European Defense

Next Story

Economic pact fuels India-UAE trade boom 

Latest from -Top News

Netanyahu Meets Trump Amid War Talks

The meeting between Trump and Netanyahu came after the latest rounds of indirect ceasefire talks between Israel and Hamas in Qatar…reports Asian Lite News US President Donald Trump has said that he

Trump Targets BRICS Allies with New Tariff

This move coincides with the ongoing BRICS summit being held in Rio de Janeiro, Brazil…reports Asian Lite News US President Donald Trump has announced that an additional 10 per cent tariff will

BRICS Endorses India’s Stand on Terror

The treaty proposed by India within the UN framework aims to provide a comprehensive legal basis for combating terrorism….reports Asian Lite News The leaders’ joint statement, issued after the 17th BRICS summit

BRICS Slams US Tariff Hikes

The leaders criticised developed nations for using environmental issues to justify trade restrictions on developing countries….reports Asian Lite News Rio de Janeiro, July 7 (IANS) Embroiled in a trade war launched by

US Tariffs Pushed to August Amid Talks

In April, Trump announced a base tariff of 10 per cent on most of America’s trading partners and thereafter additional duties ranging up to 50 per cent….reports Asian Lite News US President
Go toTop

Don't Miss

UAE welcomes extension of Russia-Ukraine grain export deal

The Ministry stated that the UAE expresses its appreciation to

Turkey preparing to host Putin in August

One of the key issues expected on the agenda is