Selenskyj: Historical raw material agreement with the USA is imminent!

Selenskyj: Historical raw material agreement with the USA is imminent!

Ukraine - Ukrainian President Wolodymyr Selenskyj is looking forward to positive things because Ukraine and the USA are right before the conclusion of a raw material agreement. This agreement, which is intended to grant the USA access to valuable mineral deposits in Ukraine, could be signed in the White House on Friday. Deputy Prime Minister Julyja Swyrydenko travels to the USA to make the official signature.

The agreement will in particular regulate access to rare earths that are of central importance for modern technologies. President Selenskyj also plans to not only seal the agreement when visiting Washington, but also to promote more support from the United States for Ukraine in their fight against the Russian war of aggression.

background of the agreement

Negotiations on this important raw material agreement have been running for a long time. Under the presidency of Donald Trump, however, the US government had taken a more distant attitude towards Kiev and faced more Moscow. Trump called for the mineral agreement to be regarded as compensation for US military aid.

Originally, the agreement was to be signed in February during a visit to Selenskyj in Washington. However, this date failed due to tensions between Selenskyj and Trump. After a recent meeting on the sidelines of a funeral service in Rome, however, the two heads of state seem to have approached, which could benefit the further cooperation.

strategic importance of raw materials

Ukraine has a variety of strategically important raw materials, including rare earths. Access to these raw materials is increasingly considered strategically and economically lucrative, with uncertainties in relation to security guarantees in the United States. According to reports, a clause may have been removed that would have committed Ukraine to deliver raw materials worth $ 500 billion.

The military situation in Ukraine remains tense and it is unclear whether the United States is willing to invest in Ukrainian companies in order to promote raw material exploitation. Some of the raw materials are also in areas that have been conquered by Russia, which makes the reconquest of these regions extremely difficult.

The Framing Agreement offers a common fund for bundling the profits of Ukrainian state companies from the raw material sector, which promises additional economic advantages for Ukraine. In view of the changing geopolitical landscape, in which Russia and the United States have recently approached, Kiev and European capitals observe developments with concern.

Overall, it can be seen that the impending agreement between Ukraine and the USA not only includes economic aspects, but also has an important geopolitical context in which the state actors have to reorient themselves. Sources like Kleine Zeitung and Tagesschau report on the profound meaning of this agreement for the future cooperation between the two countries.