Treasury Secretary Scott Bessent clarified on Sunday that a proposed investment deal to secure access to Ukraine's rare earth minerals is not currently being considered. This statement comes after a tense meeting between Ukrainian President Volodymyr Zelensky and President Donald Trump in the Oval Office last week.
Bessent, who was present at the meeting, expressed disappointment in Zelensky's decision not to sign the economic agreement that would have strengthened ties between Ukraine and the United States. He highlighted successful meetings with other world leaders earlier in the week and emphasized the importance of unity in pursuing peace agreements.
When asked if the deal was still an option, Bessent confirmed that it is not currently on the table. Trump also indicated that Zelensky could return to the White House when he is ready to pursue peace.
Zelensky, on the other hand, expressed concerns about the need for security guarantees in any economic agreement with the US to prevent potential ceasefire violations by Russian President Vladimir Putin. He stressed the importance of American support for Ukraine in its ongoing conflict.
While both sides express a desire for peace, the issue of security assurances remains a critical factor in any potential economic agreement between Ukraine and the US. The situation highlights the complex dynamics at play in international negotiations and the challenges of balancing economic interests with security concerns.
