Trump and Zelensky Finalize Controversial U.S.-Ukraine Resource Agreement
The deal focuses on joint extraction of Ukraine's natural resources but omits U.S. security guarantees, straining an already tense relationship.
- Ukrainian President Volodymyr Zelensky met U.S. President Donald Trump at the White House to sign a resource-sharing agreement on Friday.
- The agreement allows the U.S. and Ukraine to jointly extract natural resources in Ukraine, with profits directed to a shared fund.
- Ukraine holds about five percent of the world's untapped natural resources, many of which are located in Russian-occupied territories, complicating extraction efforts.
- The deal does not include explicit U.S. security guarantees for Ukraine, a key demand previously made by Zelensky.
- Tensions between the leaders had escalated in recent weeks, with Trump previously labeling Zelensky a 'dictator,' though the tone softened ahead of the agreement's signing.