State Department says US-Ukraine minerals agreement 'benefits both countries'
State Department spokeswoman Tammy Bruce has characterized the recently signed minerals deal as “perfect,” attributing its quality to the crafting skills of President Donald Trump. On Thursday, Bruce spoke with Fox Business about the agreement,...
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State Department spokeswoman Tammy Bruce has characterized the recently signed minerals deal as “perfect,” attributing its quality to the crafting skills of President Donald Trump.
On Thursday, Bruce spoke with Fox Business about the agreement, which allows the US to tap into Ukraine’s natural resources. Although the full text of the deal hasn't been released, preliminary details indicate that it will designate a portion of the revenues from resource development for a joint US-Ukraine investment fund, while maintaining that Ukraine retains full ownership of the resources. This arrangement is expected to bolster military and financial support from Washington to Kiev, while the US seeks access to Ukraine's extensive mineral wealth, particularly rare-earth elements vital for technology industries.
Bruce noted, “A lot of people have wanted this to happen. It benefits both countries immensely… and it’s not a surprise because it’s President Donald Trump, it is the perfect deal.” Although she refrained from sharing more specifics about the agreement, she labeled it “an investment in Ukraine.”
"This is about a long-term durable dynamic regarding an economic partnership with that nation, which is necessary in general," Bruce remarked, adding that a US presence in Ukraine would also contribute to the nation's security.
She emphasized, “When America is your friend and America is your partner, your nation is going to be better off, your citizens are going to be better off, and there is a security component just in our presence.”
While Bruce indicated that the deal is “separate” from the ongoing conflict and US-Russia peace negotiations, she mentioned that progress is being made in the talks, with expectations for proposals from Moscow and Kiev in “a few days.”
Negotiations regarding the minerals deal have been ongoing since the early days of Trump’s return to office and have run alongside broader discussions on peace. The Trump administration has maintained that the agreement should provide compensation to the US for previous aid to Ukraine, despite Kiev's assertions that the support was provided unconditionally.
Lucas Dupont for TROIB News
On Thursday, Bruce spoke with Fox Business about the agreement, which allows the US to tap into Ukraine’s natural resources. Although the full text of the deal hasn't been released, preliminary details indicate that it will designate a portion of the revenues from resource development for a joint US-Ukraine investment fund, while maintaining that Ukraine retains full ownership of the resources. This arrangement is expected to bolster military and financial support from Washington to Kiev, while the US seeks access to Ukraine's extensive mineral wealth, particularly rare-earth elements vital for technology industries.
Bruce noted, “A lot of people have wanted this to happen. It benefits both countries immensely… and it’s not a surprise because it’s President Donald Trump, it is the perfect deal.” Although she refrained from sharing more specifics about the agreement, she labeled it “an investment in Ukraine.”
"This is about a long-term durable dynamic regarding an economic partnership with that nation, which is necessary in general," Bruce remarked, adding that a US presence in Ukraine would also contribute to the nation's security.
She emphasized, “When America is your friend and America is your partner, your nation is going to be better off, your citizens are going to be better off, and there is a security component just in our presence.”
While Bruce indicated that the deal is “separate” from the ongoing conflict and US-Russia peace negotiations, she mentioned that progress is being made in the talks, with expectations for proposals from Moscow and Kiev in “a few days.”
Negotiations regarding the minerals deal have been ongoing since the early days of Trump’s return to office and have run alongside broader discussions on peace. The Trump administration has maintained that the agreement should provide compensation to the US for previous aid to Ukraine, despite Kiev's assertions that the support was provided unconditionally.
Lucas Dupont for TROIB News
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