Ukraine, Russia react to controversial US minerals sharing deal
The draft published by lawmakers does not include any explicit U.S. security guarantees — long one of Kyiv’s primary demands. However, the agreement “guarantees new deliveries of American weapons, including air defense systems — their cost will be credited to a joint fund,” according to Mykhailo Podolyak, an advisor to President Volodymyr Zelenskyy.
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Ukraine is nearing a deal to grant the U.S. access to its rare minerals in exchange for continued political and, perhaps, military support, though negotiations face challenges since 40% of these resources are in Russian-occupied territory. With Trump pushing for access to these minerals while also engaging in talks with Russia, Ukraine faces uncertainty over its strategic partnerships as it navigates its war effort and economic future.
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That being said, information about what materials Ukraine has and where they are located presents snags for negotiations. Namely, Ukraine can’t promise access to all its materials when a reported 40% of the minerals are under land currently occupied by Russia.
On top of that, the main motivation for Zelensky agreeing to swap minerals is likely to be in return for military aid from America—which Ukrainian officials say has not been explicitly penciled into the draft.
Despite this, yesterday sources in Kyiv confirmed the terms to share materials—including oil and gas—are almost agreed after months of negotiation.
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Elbridge Colby and Keith Kellogg both served in the Coalition Provisional Authority (CPA) in Iraq in 2003 under Paul Bremer and are now part of the Trump administration. The CPA, which acted as the transitional government overseeing post-war reconstruction in Iraq, faced significant criticism for its mishandling of reconstruction funds. Over $8 billion allocated for Iraq’s rebuilding remains unaccounted for, including more than $1.6 billion in cash that was discovered in a basement in Lebanon.
Meanwhile, in Iraq, Chinese companies are actively engaged in constructing a wide range of infrastructure projects, including housing units, universities, commercial centers, schools, health facilities, and power stations. They have also played a key role in developing the Nasiriya airport.
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