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Ukraine’s Zelenskyy declines US offer for half of mineral wealth, cites lack of security guarantees

IndiaTimes Sunday, 16 February 2025
Ukraine's President Zelenskyy declined a US proposal to exchange support for 50% ownership of Ukraine's mineral wealth, citing lack of security guarantees in return. Zelenskyy rejected the agreement, emphasizing it prioritized US interests. The proposal involved minerals, oil, and gas resources, sparking criticism of colonial exploitation from European diplomats.
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Video Credit: euronews (in English) - Published
News video: Ukraine's president rejects deal with US over rare minerals

Ukraine's president rejects deal with US over rare minerals 01:02

 President Zelenskyy said any mineral exploitation by the US would need to be tied to security guarantees for Ukraine that would deter future Russian aggression.

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