As it pushes ahead to reach a ceasefire in the country’s three-year war with Russia, the U.S. delivered the new proposal to Ukraine’s officials Sunday.
The agreement reaches farther than the initial U.S.-Ukraine minerals deal left unsigned on Feb. 28 after Volodymyr Zelensky’s contentious meeting with Trump and Vice President Vance in the Oval Office.
Of note, the U.S. is looking to forge a five-person board that would supervise an investment fund, consisting of three Washington and two Kyiv members, that would split the money made from mineral, gas and oil projects between the U.S. and Ukraine, according to copies of a proposal draft that were obtained by multiple outlets.
Treasury Secretary Scott Bessent said Wednesday the deal could be signed next week.
“We have passed along a completed document for the economic partnership [that] is currently being reviewed by Ukrainians, and we hope to go to full discussions and perhaps even get signatures next week,” Bessent said on Fox News.
On Tuesday, Zelensky told reporters Washington had put forward a “major” deal.
But by Thursday in Paris, he seemed to lament that the U.S. was “constantly” changing the terms of the agreement.
Three senior Ukrainian officials told the Financial Times - who first reported the draft deal - that any document was unlikely to be signed by next week, as Bessent indicated.
Read the full report at TheHill.com.
