US EditionTrump planned to use the subsoil deal as a lever of influence on Russia — Bessent: EADaily
- On April 30, US Treasury Secretary Scott Bessent and Ukrainian Minister Yulia Svyrydenko signed a mineral partnership agreement in Kyiv.
- The deal arose from complex negotiations, including a stalled February attempt, a heated Oval Office exchange, and a breakthrough meeting on April 26.
- The agreement creates a joint investment fund evenly split between the U.S. And Ukraine to support the development of Ukraine’s oil, natural gas, and mineral resources, symbolizing strong bilateral unity and enhancing the U.S.'s position in talks with Russia.
- Bessent explained that Trump thought the agreement would strengthen his position in negotiations with Russian leaders and help achieve several objectives.
- The deal aims to secure financial returns to offset US aid, signal long-term US commitment to Ukraine, and support future peace negotiations with Russia.
14 Articles
14 Articles
Bessent: Trump believes mineral deal with Ukraine to become additional leverage over Russian leadership
Scott Bessent, US Secretary of the Treasury, has stated at the Milken Institute Global Conference in Los Angeles that US President Donald Trump intends to use the agreement on mineral resources with Ukraine as a tool to pressure Russia in the context of peace negotiations.
Bessent: Trump Got Ukraine Mineral Deal for Russia Leverage
President Donald Trump signed off on a recent U.S.-Ukraine minerals deal to strengthen his hand in future peace talks with Russia, Treasury Secretary Scott Bessent said Monday, according to the New York Post.
Trump planned to use the subsoil deal as a lever of influence on Russia — Bessent: EADaily
EADaily, May 5th, 2025. US President Donald Trump planned to use the deal with Kiev on minerals, including as an instrument of influence on the Russian leadership during peace talks. This was stated at a conference of the Milken Institute in California by the head of the Ministry of Finance Scott Bessent.
Fantasy And Exploitation: The US-Ukraine Minerals Deal – OpEd
The agreement between Washington and Kyiv to create an investment fund to search for rare earth minerals has been seen as something of a turn by the Trump administration. From hectoring and mocking the Ukrainian President Volodymyr Zelensky before the cameras on his visit to the US capital two months ago, President Donald Trump had apparently softened. It was easy to forget that the minerals deal was already on the negotiating table and would ha…
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