Ukraine balks at signing a reworked mineral deal with the US and will insist on increasing investment volumes.

Senior Ukrainian officials indicate that the new mineral agreement draft proposed by the US has little chance of being finalized in its current state. They argue that the agreement gives the impression that Ukraine “fought a war with the US, lost, was conquered, and now must pay reparations for life.”

The new 55-page draft does not offer any security guarantees, and all US support provided to Ukraine during the war is viewed as a debt to be repaid from the agreement’s profits.

“This version of the agreement has no chance of being signed,” stated one official.

President Zelenskyy mentioned that he will inform Ukrainian society about any risky elements that are present in the agreement. However, he emphasized that Ukraine is not ready to acknowledge the American assistance as debt. Ukraine will likely request modifications to the revised agreement proposal, particularly an increase in the volume of American investment.

Experts believe that the Trump administration intentionally framed such conditions in the agreement to provide an “official” reason for conflict with Ukrainian authorities.