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The Independent UK
The Independent UK
National
Andy Gregory

Trump issues extraordinary new demand for Ukraine’s minerals

  • US President Donald Trump has proposed new demands for US control over Ukraine's mineral and energy assets, including oil and gas.
  • The proposal would grant the US all royalties from these assets until Ukraine repays $100 billion in war debt, then 50 per cent of royalties thereafter, with the US holding veto power over sales to other nations.
  • The new deal goes beyond a previous minerals agreement that collapsed in February during Ukrainian President Volodymyr Zelensky's disastrous White House visit.
  • Ukrainian officials have criticised the proposal as "robbery", potentially hindering Ukraine's EU membership prospects.
  • Ukraine has reportedly enlisted a team of legal advisers to help examine the document and prepare a counter-offer.
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