Try GOLD - Free
Minerals deal boosts Ukraine aid prospects
TIME Magazine
|May 26, 2025
UKRAINE AGREED TO HAND OVER half of its future oil, gas, and mineral wealth to the U.S. in a landmark deal signed April 30.
While the agreement does not offer Ukraine the explicit security guarantees it had long sought, it does, in effect, give President Donald Trump and his allies a tangible, economic rationale for maintaining U.S. aid. The terms, which include Ukraine's paying for U.S. military assistance from a new resources fund, dissolved weeks of tension between the inner circles of Trump and Ukraine President Volodymyr Zelensky, after a heated Oval Office exchange in February.
This story is from the May 26, 2025 edition of TIME Magazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
Listen
Translate
Change font size