Ukrainian officials were told not to sign an agreement with the U.S. on rare earth minerals because the document focused on U.S. interests

Summary

Ukrainian officials were advised not to sign a U.S. proposal on accessing rare earth minerals, as it prioritized U.S. interests and lacked security guarantees for Ukraine, according to President Volodymyr Zelenskyy.

The document, presented by U.S. Treasury Secretary Scott Bassent during a Kyiv visit, was intended as compensation for U.S. aid.

Speaking at the Munich Security Conference, Zelenskyy stressed any agreement must ensure both financial benefits and security for Ukraine amid ongoing Russian aggression, and Ukraine is preparing a counter proposal.