Trump administration signs minerals deal with Ukraine in key move for Russian peace
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Trump and Ukraine sign long-awaited minerals deal
- The Trump administration has reached a deal with Ukraine, giving US investors preferential access to Ukrainian rare earth minerals.
- This agreement aims to center future US engagement in Ukraine on economic development and is seen as a step towards a peace process.
- The deal involves joint US-Ukrainian ventures with equal control, tax-free investments, and tariff-free exports to the US.
- A joint fund will manage the revenues, including future US military aid, with Ukraine retaining control over its resources.
- The agreement follows a period of tension and stalled negotiations after a public confrontation between Trump and Zelensky.