Thursday, March 12, 2026

US, Ukraine signal mineral deal

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The USA and Ukraine signed their long-awaited mineral deal on Wednesday in keeping with the Treasury Division.

“As the President has said, the United States is committed to helping facilitate the end of this cruel and senseless war,” Treasury Division Secretary Scott Bessent stated in a press release on the signing.

“This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term,” he continued.

The 2 nations have been engaged on an settlement for months to safe a long-term U.S. financial funding by harvesting Ukraine’s uncooked earth minerals. The deal comes nearly per week after Russian President Vladimir Putin launched a lethal drone and missile assault on the nation’s capital and days after President Trump and Ukrainian President Volodymyr Zelensky’s face-to-face assembly on the Vatican in the course of the Pope Francis’s funeral.

Trump and Zelensky have been initially slated to signal a deal in February at a White Home assembly that led to confrontation. 

Zelensky apologized for the general public fallout and resumed talks with U.S. counterparts weeks after departing in hopes of continued U.S. backing to finish a three-year warfare with Russia. 

Bessent stated that “no state or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine.” 

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