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US and Ukraine prepare for rare earth deal

Kiev includes investment consultants in its delegation for negotiations

Apr 7, 2025 06:14 284

US and Ukraine prepare for rare earth deal  - 1

"We expect a Ukrainian technical delegation early next week and I hope the rare earth deal will be signed".

This was stated by US Treasury Secretary Scott Besant in an interview with journalist Tucker Carlson.

According to him, the agreement now represents a win-win scenario, since the money from it goes to both the Ukrainian and American sides.

"Ukraine provides assets, we provide loans through foreign banks and American know-how. We don't make money until they make money," Besent emphasized.

The minister noted that the conclusion of this deal will be an important part of future negotiations between US President Donald Trump and Russian leader Vladimir Putin, as Washington supports Kiev, "but in an economic, pragmatic way."

"And then the Russians will have an incentive to sit at the negotiating table. "Now this sequence is not in order, but I think we can fix it," Besent added.

Ukraine is selecting not only lawyers and representatives of ministries, but also investment consultants for its delegation for the meeting on the deal with the United States.

“This marks a new stage in relations with the United States, requiring expertise in many areas,“ emphasized the country's Economy Minister Yulia Sviridenko in an interview with the Associated Press.

The minister noted that not all problems can be solved online, which is why “we need to sit down with the teams and continue the conversation in person“.