Ukraine says it will work with U.S. towards mutually acceptable minerals deal

Ukraine has announced it plans to work with the United States to develop a mutually acceptable minerals agreement, aiming to bolster economic ties and support Ukraine's reconstruction efforts.

Ukrainian Foreign Minister Andrii Sybiha stated on Tuesday local time that Kyiv is working with the U.S. to refine a minerals deal that would see more American business involvement in Ukraine and contribute to the nation's security infrastructure.

The latest U.S. proposal suggests that Ukraine allocate all profits from a fund controlling its resources to repay American wartime aid with interest.

President Volodymyr Zelenskyy has expressed caution, emphasizing the need for a thorough review before proceeding.

Meanwhile, Germany's Foreign Minister said, during a visit to Kyiv on Tuesday, that any minerals agreement between Ukraine and the U.S. must comply with European Union legislation.