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Update(1348ET): Ukraine has tentatively agreed to Trump’s mineral rights access deal, Financial Times is reporting in breaking headline. The devil will of course be in the details, given as recently as Sunday Zelensky was openly resistant to the terms offered so far.
“Kyiv has agreed terms with Washington on a minerals deal that Ukrainian officials hope will improve relations with the Trump administration and pave the way for a long-term US security commitment,” FT reports early Tuesday afternoon.
“Ukrainian officials say Kyiv is now ready to sign the agreement on jointly developing its mineral resources, including oil and gas, after the US dropped demands for a right to $500bn in potential revenue from exploiting the resources,” the report continues…
To read more visit Zero Hedge.
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