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US-Ukraine minerals deal ‘benefits both countries’ – State Department

by Admin
May 1, 2025
in News, Politics, World
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US-Ukraine minerals deal ‘benefits both countries’ – State Department
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Published: May 1, 2025 7:09 am
Author: RT

Spokeswoman Tammy Bruce has said the deal is “perfect” because it was crafted by President Donald Trump

The minerals deal granting the US access to Ukraine’s natural resources benefits both nations, State Department spokeswoman Tammy Bruce said on Thursday. Speaking to Fox Business, she described the agreement as “perfect” because it was crafted by President Donald Trump, citing his business experience.

Washington and Kiev signed the long-anticipated agreement on Wednesday. While the full text has not been made public, the available details suggest that it allocates part of the revenues from resource development to a joint US-Ukraine investment fund, while Kiev retains full ownership of the actual resources. Kiev hopes the deal will secure continued military and financial support from Washington, while the US gains access to Ukraine’s vast mineral wealth, particularly rare-earth elements critical for high-tech industries.

“A lot of people have wanted this to happen. It benefits both countries immensely… and it’s not a surprise because it’s President Donald Trump, it is the perfect deal,” Bruce said. She did not provide further details on the agreement but described it as “an investment in Ukraine.”

Read more

US Treasury Secretary Scott Bessent and Ukrainian Economy Minister Yulia Sviridenko sign a mineral resources deal, April 30, 2025.
Ukraine and US sign much-awaited minerals deal: Live updates

“This is about a long-term durable dynamic regarding an economic partnership with that nation, which is necessary in general,” she said. Bruce added that a US presence in Ukraine would also enhance the country’s security.

“When America is your friend and America is your partner, your nation is going to be better off, your citizens are going to be better off, and there is a security component just in our presence,” she stated.

Bruce stressed that the deal is “separate” from the ongoing conflict and US-Russia peace negotiations, but said work on the talks is progressing, with Moscow and Kiev expected to submit proposals “in a few days.”

Negotiations on the minerals deal have been underway since the early days of Trump’s return to office, running parallel to broader peace efforts. The Trump administration has insisted that the deal should compensate the US for previous aid to Ukraine, despite Kiev’s claims that the assistance was given unconditionally.

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Tags: Russia Today
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