Zelensky Says $500 Billion Mineral Deal Is Off the Table but Ukraine Is Open to Negotiations
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Zelensky Says $500 Billion Mineral Deal Is Off the Table but Ukraine Is Open to Negotiations
""Considering aid as a debt to be repaid would be a Pandora's box that would set a precedent requiring Kyiv to reimburse all its backers.""
""We do not recognize the debt, Zelensky said. It will not be in the final format of the agreement.""
Ukrainian President Volodymyr Zelensky announced that a contentious U.S. proposal to claim $500 billion from Ukraine's rare earth minerals as repayment for military aid has been withdrawn. He emphasized that treating assistance as a debt would set a dangerous precedent. Instead, Ukraine is focusing on securing guarantees to deter future Russian aggression. Despite the changes, discussions continue with U.S. officials to establish a more balanced agreement regarding Ukraine's valuable minerals, necessary for industries like aerospace and defense.
Read at time.com
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