At Pope’s funeral, green and Trump agreed on the rare lands

The news that the US and Ukraine are a tense negotiation has gone by the Slovenian and European public, but after months of tense negotiations reached an agreement on the joint management of Ukrainian natural resources. The deal comes only two months after the high -profile diplomatic incident between the presidents Donaldom Trump and Volodimir Green In the White House.

The details of the agreement are not yet fully knownbut clearly that it involves the establishment of an investment fund for the search and exploitation of minerals, and will share their income according to the principle of equivalence. Ukraine remains the owner of the resources, and the American side will help attract technology and capital.

Ukrainian President Zelenski wrote in the X (former Twitter) post that the basic cooperation agreement was reached at a meeting with Trump at the edge of the funeral of Pope Francis in the Vatican. The conversation lasted 15 minutes, and the chairs were prepared in the Basilica of St. Peter. According to the green, it is « the first tangible result of this historical meeting. »

Green wrote yesterday:

“The agreement is signed and will be submitted to the supreme love for ratification. We really want that there will be no delays. All our representatives did a great job. The deal has changed significantly and today it represents a truly equal partnership – an opportunity for large investments, modernization of the industry and the legal system. It is not about borrowing, but a fair cooperation that will benefit both Ukraine and the United States « 

Donald Trump, however, said that the agreement was a reimbursement for the money that the United States has so far invested in the war, mentioning the number of $ 350 billion again, although this amount was much lower, according to connoisseurs.

Key points of agreement:

– Investment Fund: A special renovation fund will be set up to invest in mining projects in Ukraine, including oil and gas.

– resource ownership: remains exclusively in Ukrainian hands; Ukraine also defines the locations of exploitation itself.

– Division of revenue: 50/50 between the two countries.

– without debt and taxes: The agreement does not provide for Ukrainian borrowing; Fund’s revenues will not be taxed in the US or Ukraine.

– US Aid: Includes the possibility of supplying air defense systems and other forms of support.

– Confirmation in Parliament: The agreement must be approved by the Ukrainian Parliament.

According to the US site, the agreement is « a clear message to Russia », as Trump’s administration is expected to show it a commitment to a peace process based on free and sovereign Ukraine.

In the background: wealth underground and dangers on the surface

Ukraine is expected to have about five percent of the global supplies of so -called critical raw materials, including 19 million tonnes of graphite, as well as important supplies of titanium, lithium and rare earth metals. However, some of these sources are today under the Russian occupation.

Despite the signing of the agreement, its implementation will not begin immediately. The development of mining projects is long -term, and Ukraine is facing a major security challenge: as many as a quarter of its territory is contaminated with unexploded mines, which seriously impedes access to many mining sites, writes BBC.

Moscow has not yet officially responded to the signed agreement, but Russian President Vladimir Putin said a long time ago that Russia has greater stock of rare raw materials than Ukraine, and announced a willingness to cooperate with US partners in these « new territories », as the Kremlin describes the occupied parts of Eastern Ukraine.