Headlines
Past US aid to Ukraine not included in minerals deal, Kyiv says
Published by Global Banking & Finance Review®
Posted on April 28, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 28, 2025
2 min readLast updated: January 24, 2026
Ukraine confirms past US aid is not part of a new minerals deal, ensuring compliance with European obligations. Legal teams are finalizing the agreement.
(Reuters) - Ukraine has agreed that the past U.S. aid provided to Kyiv will not be part of a minerals deal it aims to sign with Washington, Ukrainian Prime Minister Denys Shmyhal said on Sunday.
"Agreements have been reached that the document does not count assistance provided before its signing," Shmyhal said in a Telegram post.
Shmyhal, who was in the United States last week for the Spring Meetings of the International Monetary Fund and World Bank, said that there was "a good progress" on the agreement after meeting U.S. Treasury Secretary Scott Bessent.
"Most important - we have clearly defined our red lines, the agreement must comply with European obligations and not contradict the Constitution and legislation of Ukraine," he said.
He added that legal teams were working on the document.
U.S. National Security Adviser Mike Waltz said on Sunday the deal "is going to get done."
The two sides signed a memorandum on April 18 as an initial step towards clinching an agreement on developing mineral resources in Ukraine, a deal promoted by U.S. President Donald Trump that has proven elusive.
Although both had been poised to sign a deal for cooperation on natural resources in February, it was delayed after an angry encounter in the Oval Office between Trump and Ukrainian leader Volodymyr Zelenskiy.
(Reporting by Anna Pruchnicka in Gdansk; Editing by Raju Gopalakrishnan)
The article discusses a minerals deal between the US and Ukraine, excluding past US aid.
The agreement involves Ukraine, represented by Prime Minister Denys Shmyhal, and the United States.
The deal must comply with European obligations and not contradict Ukraine's laws.
Explore more articles in the Headlines category
