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Ukraine, US make 'substantial progress' on minerals deal, Kyiv says

  • The United States has reduced its aid estimate to Ukraine from US$300 billion to about US$100 billion during economic negotiations, according to people familiar with the matter.
  • Ukrainian President Volodymyr Zelenskyy stated that Ukraine will not recognize past US military aid as loans, indicating resistance to US demands.
  • Negotiations are progressing quickly, with Ukrainian officials expecting the agreement to foster economic growth and require parliamentary ratification.
  • Technical talks have been described as highly productive, with a Treasury Department spokesperson expressing optimism for a conclusion soon.
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kathmandupost.com broke the news in on Wednesday, April 16, 2025.
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