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Volodymyr Zelensky has caved to Donald Trump's demands as the Ukrainian President has agreed a deal with the US which grants them access to critical mineral deposits.
The agreement was viewed as vital to appease the White House for a peace settlement between Kyiv and Moscow to bring Putin's three-year-long invasion to an end.
Last night, Zelensky explained that American and Ukrainian ambassadors are drafting up an initial agreement, suggesting that a final deal would be established.
Referring to the deal, the president announced: "This is an agreement that can strengthen our relations, and the key is to work out the details to ensure its effectiveness.
Speaking to the press, the US President said that they were "signing an agreement" soon
REUTERS
"I look forward to the outcome - a just result."
His video message came just days after he informed Trump that he would not "sell" his country.
Speaking to the press, the US President said last night: "We're signing an agreement, hopefully in the next fairly short period of time."
A final deal could be negotiated by the end of today, according to insiders speaking to the Wall Street Journal.
Although specific details are yet to be disclosed, Trump had hoped to acquire $500billion worth of minerals in exchange for military support in Ukraine.
Last week, Zelensky appeared to frustrate Republicans so much that Trump threatened to axe US funding entirely, according to Axios.
Recent American threats, which could be implemented if the two nations did not strike a deal, have also expanded to cutting off Kyiv's access to Starlink - an Elon Musk-owned satellite which is heavily relied upon for civilian and military use.
"Ukraine runs on Starlink. They consider it their North Star," said one insider, adding that the loss "would be a massive blow".
Last week, Zelensky appeared to frustrate the Republican so much that Trump threatened to axe US funding entirely
REUTERS
In the past fortnight, rifts between Ukraine and the US have persisted - starting off with Trump's accusations that the world leader was "late" and was "rude" in a meeting with US Treasury Secretary Scott Bessent on February 12.
Later, at the Munich Security Conference, the European leader fed further disdain by declaring that he would not approve a minerals deal by himself and later rejected the deal altogether, explaining that it was "not in the interests of a sovereign Ukraine".
Meetings conducted between Moscow and DC in Saudi Arabia caused Zelensky to hit out at his nation being excluded from peace talks - after which Trump's outburst, calling the democratically-elected leader a "dictator" who did not hold free and fair elections, occurred.
The Financial Times has reported that Ukraine hosts huge mineral reserves - worth up to $11.5trillion - including the deposits of 22 out of 34 critical minerals as well as 10 per cent of the earth's lithium which is crucial to create batteries for electric vehicles.