Kyiv says Washington’s proposal would be ‘grand agreement’ but does not include taking over nuclear power plants

Archive: https://archive.is/2025.03.25-223238/https://www.ft.com/content/aeb03da5-f8cf-4741-ad7e-ba388ff8380a

Ukrainian President Volodymyr Zelenskyy said on Tuesday that the US had proposed a new critical minerals deal to Kyiv that goes well beyond an initial framework accord hammered out last month, as part of Donald Trump’s efforts to end Russia’s invasion of Ukraine.

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The Financial Times reported on Friday that the Trump administration was seeking new terms for US access to critical minerals and energy assets in Ukraine, and was considering expanding its economic demands on Kyiv to potentially include ownership of its nuclear power facilities.

The US president has sought a minerals deal to recoup billions of dollars’ worth of military assistance provided to Kyiv since the start of Russia’s full-blown invasion of Ukraine in early 2022.

Washington has now proposed a minerals agreement that would bypass the earlier framework stage and go directly to thrashing out details about who owns and controls a joint investment fund.