Reuters: Ukraine says mineral deal not final; summary shows US demands more income

[Dennis Donovan]

Reuters - Ukraine says mineral deal not final; summary shows US demands more income

By Pavel Polityuk, Erin Banco, Gram Slattery and Andrea Shalal
March 28, 2025
7:22 AM EDT
Updated an hour ago

Summary
• US demanding all income from joint fund until aid paid back
• Zelenskiy says he won't sign deal that could impoverish Ukraine for decades
• Updated US proposal includes no future security guarantees
• Putin seeks removal of Ukrainian government, says Russia prepared for peace but winning war

KYIV/WASHINGTON, March 28 (Reuters) - The terms of a mineral deal between Ukraine and the U.S. have not yet been finalised, Ukrainian officials said on Friday, after a summary of Washington's latest offer suggested it was demanding all of Ukraine's natural resources income for years.

The latest U.S. proposal would require Kyiv to send Washington all profit from a fund controlling Ukrainian resources until Ukraine had repaid all American wartime aid, plus interest, according to the summary, reviewed by Reuters.

Ukrainian Deputy Prime Minister Yulia Svyrydenko told lawmakers that Kyiv would issue its position on the new draft only once there was consensus. Until then, public discussion would be harmful, she said.

Mykhailo Podolyak, a senior official in President Volodymyr Zelenskiy's office, told Reuters there was no finalised draft for now: "Consultations are still happening at the level of the various ministries," he said, declining to elaborate further.

Another Ukrainian source described the full document presented by the Americans as "huge".

/snip

[Woodwizard]

1. Trump, keep changing the goalpost.

[Irish_Dem]

3. Yes as soon as they agree to one demand, another demand is put on the table.

[OnDoutside]

11. That might suit Ukraine as it keeps pushing out a decision date for as long as possible.

[Irish_Dem]

2. No one will ever accept any aid from the US again.

Aid they were told was free can mean a huge bill in the future.

[Woodwizard]

7. I had a friend more of an acquaintance.

Years ago I was at his birthday party and another guy summed him up pretty well that knew him for a long time. He said Kenny is a great guy he will give you the shirt off his back..... But you will pay for it.

His description came to be very accurate everything with him was transactional and to his advantage.

[bucolic_frolic]

4. We'll all be rich when we can clawback every penny we ever paid out.

Still say this is the essence of the ex post facto provision in the U.S. Constitution.

Can't rewrite history. But you can, apparently, refinance it.

Where do I get some? Credit card companies should be fearful.

[Paladin]

5. It's all about the money, first, last, and always.

As if any further proof were needed.

[Johnny2X2X]

6. Ukraine needs to know

That Trump will break any deal anyways, so they should likewise sign anything to get peace and security knowing they can also break the deal. Give Trump some semblance of a "win" in order to buy yourself more time.

[Emrys]

8. Here's a reaction from one Ukrainian MP, Sergei Zheleznyak, to the "deal"

It's the sort of "deal" a domineering conquering nation would impose on a defeated aggressor.

[Meowmee]

9. What kind of a deal is that?

Russia takes over, Ukraine is impoverished and the US gets all the revenue

[David__77]

10. The US is not a reliable partner.