Press Xpress
  • Home
  • Magazine
  • Geopolitics
  • Politics
  • Election
    • US Election
    • UK Election
    • India Election
  • Diplomacy
  • International
  • STEM
  • More
    • Art & Culture
    • Business
    • CrossBorder
    • Diary
    • Economy
    • Bangladesh
      • Agriculture
    • Interview
    • Security
    • Sports and Entertainment
Press Xpress
  • Home
  • Magazine
  • Geopolitics
  • Politics
  • Election
    • US Election
    • UK Election
    • India Election
  • Diplomacy
  • International
  • STEM
  • More
    • Art & Culture
    • Business
    • CrossBorder
    • Diary
    • Economy
    • Bangladesh
      • Agriculture
    • Interview
    • Security
    • Sports and Entertainment
LOGIN
Wednesday, July 23, 2025
Top Posts
Canada Includes Duty-Free access for Bangladesh till 2034
Is the United States Changing its Tune on Bangladesh?
FAIR POLLS, ELECTION COMMISSION’S OPTIMUM ROLE AND EVM USE
NIGHTMARE RETURNS
No to BNP’s Violence: US Press Sec. Vedant Patel
GLOBAL FOOD SECURITY UPDATE: WHERE DOES BANGLADESH STAND?
Boycotting EC’s Dialogue, BNP Proves Incompetence Again
IMPACT OF EXTERNAL DEBT ON BANGLADESH ECONOMY
AWAMI LEAGUE GENERAL SECRETARY: WHO’S NEXT?
ASHRAYAN PROJECT: A ‘SHEIKH HASINA MODEL’ FOR INCLUSIVE DEVELOPMENT
ROLE OF NGOs: CHARITY OR BUSINESS?
SUBSCRIBE NOW
Press Xpress
Press Xpress
  • Home
  • Magazine
  • Geopolitics
  • Politics
  • Election
    • US Election
    • UK Election
    • India Election
  • Diplomacy
  • International
  • STEM
  • More
    • Art & Culture
    • Business
    • CrossBorder
    • Diary
    • Economy
    • Bangladesh
      • Agriculture
    • Interview
    • Security
    • Sports and Entertainment
SUBSCRIBE NOW LOGIN

© 2022 PressXpress All Right Reserved.
Conflict

US presses Ukraine on resource deal as security guarantees remain absent

by Press Xpress February 24, 2025
written by Press Xpress February 24, 2025
Share 0FacebookTwitterPinterestThreadsBlueskyEmail
144

Washington is urging Kyiv to finalise a resource-sharing agreement that would grant US firms expanded access to Ukraine’s natural wealth, including rare earth minerals, oil, and gas. The proposed deal, which comes as Ukraine seeks further financial and military aid, has drawn pushback in Kyiv due to the absence of explicit security guarantees.

At the centre of the negotiations is a provision requiring Ukraine to allocate 50% of its resource revenues to a US-controlled fund until contributions reach $500bn (€477bn). The sum vastly exceeds Ukraine’s annual earnings from resource extraction, estimated at $1.1bn, and is nearly eight times the total US military assistance Kyiv has received since 2022, which stands at approximately $67bn (€64bn).

President Volodymyr Zelenskyy initially rejected the proposal, arguing that Washington had neither provided equivalent investment nor committed to Ukraine’s long-term security. However, US officials have continued to pressure Kyiv to reconsider. “If the US is serious about Ukraine’s sovereignty, it must guarantee our security before claiming rights to our resources,” a senior Ukrainian government official said.

US firms seek control over key resource sectors

Ukraine holds some of the world’s largest reserves of titanium, lithium, and rare earth elements, essential for defence technology and the energy transition. As the EU looks to Ukraine to reduce reliance on China for critical minerals, Washington’s proposal could complicate Kyiv’s ability to negotiate independently with European partners.

Under the proposed agreement, US firms would receive preferential rights to mine and extract Ukrainian resources, while Kyiv would be required to route revenues through a US-administered fund. The structure gives Washington financial oversight and reduces Ukraine’s control over its own natural wealth.

US officials have framed the proposal as an opportunity for Kyiv to secure long-term investment. US President Donald Trump has dismissed calls for further aid, stating that Ukraine should “offer something in return”. A senior White House official, speaking anonymously, said the deal was “not about charity but about investment”, adding that “it is in Ukraine’s interest to have strong US corporate involvement in rebuilding”.

Ukrainian officials, however, remain concerned that the agreement would leave Kyiv financially dependent on Washington while receiving no guarantees of protection against Russian aggression. “The US wants a stake in Ukraine’s future but won’t commit to defending it,” a senior economic adviser to Zelenskyy said.

Leverage over Starlink access

Reports have also surfaced that US officials raised the possibility of limiting Ukraine’s access to SpaceX’s Starlink satellite network—a system vital for military communications—if Kyiv fails to comply with Washington’s demands.

According to sources familiar with the discussions, the US has not explicitly threatened to cut Starlink access, but officials have suggested that future military cooperation could be reassessed if Ukraine refuses the deal. SpaceX owner Elon Musk denied any involvement in the negotiations, saying that “Starlink remains committed to supporting Ukraine”.

Security assurances remain absent

Despite repeated Ukrainian requests, the proposed deal does not include formal security guarantees. Washington has pledged continued economic support, but there is no binding commitment to defend Kyiv against Russian aggression.

The negotiations mark a shift in the US-Ukraine relationship from a wartime alliance to a more transactional economic arrangement. As Kyiv weighs its options, it must decide whether financial stability is worth ceding control over strategic resources—without the security guarantees it seeks.

Print Friendly, PDF & Email
important-2
Avatar photo
Press Xpress

Expressing news & enlightening thoughts through neutral, clear and concise narration and beyond. All in a single platform.

previous post
25 Years of Cambodia in ASEAN: Shaping Southeast Asia’s Future
next post
Modric’s Long-Range Stunner Lifts Real Madrid to 2-0 Win Over Girona

You may also like

‘Many killed’ as Air India plane with 242...

June 12, 2025

Ceasefire Signed, But Trust Remains Elusive Between India...

May 18, 2025

Ukraine Russia Negotiations Offer First Step Toward Healing

May 17, 2025

Netanyahu Faces New Pressure as Trump Shifts Focus

May 15, 2025

Is Fresh Scale of Tensions Escalating Between Israel-Iran...

May 12, 2025

Taiwan Strait Flashpoint: Is Asia’s Next Big War...

May 11, 2025

Recent Posts

  • Bangladesh Security Forces Accused of Brutality Amid Student Protests Over Crash Casualties

    July 22, 2025
  • From the Sky Came Fire: Bangladesh Military’s Shameful Role in Milestone School Tragedy

    July 22, 2025
  • Air Force Training Aircraft Jet Crashes into Milestone College Campus in Dhaka, Many Feared Dead

    July 21, 2025
  • GOPALGANJ MASSACRE: A Nation Bleeds While a Regime Consolidates Power

    July 19, 2025
  • You’ve Lost the People”: Bangladesh Army Faces Historic Backlash Over Gopalganj Massacre

    July 18, 2025

Newsletter

Subscribe PressXpress Newsletter for new posts, tips & new photos. Let's stay updated!

Contact

  • Business Centre, Sharjah Publishing City Free Zone, Sharjah, United Arab Emirates
  • Email: info@pressxpress.org
    px.pressxpress@gmail.com
  • Support: contact@pressxpress.org

Press Xpress

  • About Us
  • Contact
  • Advertise With Us

Privacy

  • Privacy Policy
  • Terms of Use
  • Register New Account
© 2024 Press Xpress All Right Reserved.
Facebook Twitter Instagram Linkedin Youtube
Press Xpress
  • Home