May 2, 2025
The mineral agreement is largely symbolic, but that's enough for Trump - CNN thumbnail
Economy

The mineral agreement is largely symbolic, but that’s enough for Trump – CNN

The mineral agreement is largely symbolic, but that’s enough for Trump – CNNThe agreement between Ukraine and the United States on minerals is symbolic, but important for Trump. It lays the foundation for
relations, although it does not guarantee US profits, and new presidents may revise it.
”, — write: unn.ua

The agreement between Ukraine and the United States on mineral resources is “a forced agreement with a difficult future.” CNN international security columnist Nick Payton Walsh writes about this in his article entitled “The Ukrainian Mineral Agreement is Largely Symbolic, But That’s Enough for Donald Trump,” reports UNN.

DetailsHe notes that this agreement arose from months of intense bargaining and stems from a Ukrainian idea that was first proposed during the friendly relations between the countries during the Joe Biden administration.

President Volodymyr Zelenskyy had no choice but to sign something or risk another seismic break in his relationship with President Donald Trump,

At the same time, he points out that the signed document lays the foundation for a long-term relationship between the United States and Ukraine, although it does not provide an “ironclad guarantee of American profits in the coming years of the Trump administration.”

However, the main point was symbolism. Trump needed to feel that America was getting something from Kyiv. Ukraine needed to show that its relationship with the White House was functional and improving. Ukraine’s allies needed it done and dusted to distract from the difficult conversations about military aid and a real peace that must now be their focus,

The agreement with Ukraine is designed to compensate US funds – Trump adviser01.05.25, 17:35 • 9888 views

He adds that new US presidents will decide whether to implement or revise the agreement.

“And anyone who has worked or done business in Ukraine knows that they (Ukrainians – ed.) are masters at “interpreting” documents and agreements to their advantage. The world of natural resources is opaque there anyway, and it is unlikely that this high-profile agreement will suddenly usher in full business transparency,” Payton Walsh summarizes.

Let us remind youAccording to Reuters forecasts, Ukraine and the United States will begin to receive financial benefits from the mineral agreement in a decade or more, as investors face many obstacles to launching new mines in the war-torn country.

The Cabinet submitted to the Rada a draft law on ratification of the agreement with the USA regarding minerals02.05.25, 02:25 • 1580 views

Related posts

Kazakhstan introduces “golden visa” for investors from 300 thousand dollars: details

fxempire com

“Укрзалізниця” вперше доставила нафтопродукти за маршрутом Литва – Польща – Україна

unn

Корецького обрали новим головою “Нафтогазу”

unn

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More