Ukraine seeks to preserve freedom through the U.S. “extractable materials” fund.
President Trump’s administration is negotiating a minerals deal with Ukraine, which proposes trading a number of Ukraine’s “extractable materials” to keep Ukraine “free, sovereign, and secure.” The deal proposes placing profits from Ukrainian minerals into a “Reconstruction Investment Fund,” which would be co-managed by the United States and Ukraine.
President Donald Trump has framed the aid the U.S. has sent Ukraine as either a financial loss to the United States or as a loan for Ukraine to repay. This proposed deal appears to be a way for Ukraine to preserve its sovereignty without relying on the United States.
President Trump stated on Monday that he “emphasized the importance of the vital Critical Minerals and Rare-Earths Deal between the United States and Ukraine,” during a virtual G7 meeting that day, adding that leaders hope it “will be signed very soon!”
He went on to post that the deal would help “the American people recoup the Tens of Billions of Dollars and Military Equipment sent to Ukraine, while also helping Ukraine’s economy grow as this Brutal and Savage War comes to an end.”
As the Lord Leads, Pray with Us…
- For wisdom for President Trump as he seeks to recoup some value from the aid that the U.S. sent Ukraine in the last three years.
- For President Trump as he meets with President Zelensky on Friday to finalize the mineral deal.
Sources: Axios, The Hill