Ukraine agreed Tuesday to partner with the U.S. on a mineral development deal, according to multiple outlets, possibly mending a contentious relationship between President Donald Trump and Ukrainian President Volodymyr Zelensky as Trump seeks a ceasefire with Russia, which has waged war in Ukraine for over three years.
Ukraine's cabinet is expected to recommend Wednesday the deal be signed. (Photo by LUDOVIC ... [+]
The deal involves Ukraine and the U.S. jointly developing Ukrainian minerals, oil and gas, according to Bloomberg, which noted the agreement does not include security guarantees for Ukraine.
The agreement also isn’t expected to include a U.S. demand for Ukraine to pay up to $500 billion from mineral development into a U.S.-controlled fund, the Financial Times and Bloomberg reported—dropping a controversial request that Trump has framed as a way of repaying the U.S. for military assistance.
This is a developing story. Check back for updates.