Zelensky Rejects U.S. Offer for Ukraine's Mineral Wealth, Prioritizing Security Over Economic Gain
Zelensky Rejects U.S. Proposal to Take 50% of Ukraine's Mineral Wealth: A Bold Stand for Security
Ukrainian President Volodymyr Zelensky has made a powerful move, turning down a U.S. offer that would have given America a 50% stake in Ukraine's valuable mineral resources, including critical elements like lithium, graphite, and uranium. The proposal, aimed at compensating Ukraine for past and future U.S. aid, was presented by U.S. Treasury Secretary Scott Bessent.
But Zelensky wasn't convinced. He criticized the deal, calling it incomplete due to the lack of solid security guarantees, especially when it comes to safeguarding Ukraine's mineral sites from Russian threats. “I didn’t allow ministers to sign it because it doesn’t protect us,” Zelensky stated firmly.
As talks continue at the Munich Security Conference, Zelensky reiterated the need for any economic agreements to be tied to robust security assurances, stressing that without such protections, the deal is non-negotiable from Ukraine’s perspective.
The White House, however, views the refusal as a missed opportunity, arguing that economic cooperation with the U.S. could be key to ensuring lasting peace and stability in Ukraine. Meanwhile, Kyiv is preparing a counterproposal and calling for European participation in future talks with Russia.
This decision highlights the tense intersection of economic interests and national security, particularly in regions caught in ongoing conflicts.
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