Kyiv agrees minerals deal with Trump – London Business News | Londonlovesbusiness.com

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Ukraine is set to sign the minerals deal with the US President Donald Trump on Friday in Washington for up to 50% of their rare earth supplies which is a big step towards peace.

The EU are also reportedly moving to secure their own deal of Ukraine’s mineral wealth.

Stephane Sejourne, the EU’s industry commissioner said: “Twenty-one of the 30 critical materials Europe needs can be provided by Ukraine in a win-win partnership. The added value Europe offers is that we will never demand a deal that’s not mutually beneficial.”

“The minerals agreement is only part of the picture. We have heard multiple times from the US administration that it’s part of a bigger picture,” Olha Stefanishyna, Ukraine’s Deputy Prime Minister told the Financial Times on Tuesday.

Trump said, “I want them to give us something for all of the money that we put up… Without the United States and its money and its military equipment, this war would have been over in a very short period of time.”

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