financetom
Business
financetom
/
Business
/
White House expects Ukraine to sign critical minerals deal soon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
White House expects Ukraine to sign critical minerals deal soon
Feb 21, 2025 10:38 AM

WASHINGTON (Reuters) - White House national security adviser Mike Waltz said on Friday he expects Ukrainian President Volodymyr Zelenskiy to sign a minerals agreement with the United States as part of efforts to end the Ukraine war, while President Donald Trump said Kyiv has no cards to play with.

Zelenskiy's office said the Ukrainian president's chief of staff, Andriy Yermak, discussed "aligning positions" in bilateral relations in a call with Waltz on Friday after sharp exchanges between Trump and the Ukrainian leader.

Trump denounced Zelenskiy as a "dictator" on Wednesday and warned he had to move quickly to secure peace with Russia or risk losing his country, deepening a feud between the two leaders.

The sharp change in tone from the United States, Ukraine's most important backer, has alarmed European officials and stoked fears that Kyiv could be forced into a peace deal that favors Russian President Vladimir Putin.

Zelenskiy had said Trump was trapped in a "disinformation bubble", but later toned down his statements and said he was hoping for American pragmatism.

Zelenskiy on Wednesday rejected U.S. demands for $500 billion in mineral wealth from Ukraine to repay Washington for wartime aid, saying the United States had supplied nowhere near that sum so far and offered no specific security guarantees in the agreement.

In the call with Waltz, Yermak "stressed the importance of maintaining bilateral cooperation and a high level of relations between Ukraine and the United States," Zelenskiy's office said.

A few hours later Waltz told the Conservative Political Action Conference on the outskirts of Washington: "Here's the bottom line, President Zelenskiy is going to sign that deal, and you will see that in the very short term."

Waltz said on Thursday Zelenskiy needed to come back to the negotiating table.

Asked about Waltz's latest comments, a Ukrainian government source said the two sides were "still in talks".

'THEY DON'T HAVE ANY CARDS'

Speaking at a White House event on Friday, Trump was critical of Zelenskiy while holding off on negative comments about Putin.

"I've had very good talks with Putin, and I've had not such good talks with Ukraine," Trump said. "They don't have any cards, but they're playing tough."

The German government said on Friday German Chancellor Olaf Scholz and Zelenskiy had spoken by phone and agreed that Ukraine must have a seat at the table in future peace talks.

Polish President Andrzej Duda urged Zelenskiy on Friday to keep up calm and constructive cooperation with Trump, following the U.S. president's criticism of him.

"I suggested to President Zelenskiy to remain committed to the course of calm and constructive cooperation with Donald Trump," Duda wrote on the X social media platform.

"I have no doubt that President Trump is guided by a deep sense of responsibility for global stability and peace."

Duda, whose term in office expires in 2025, was one of Trump's preferred international partners during his 2017-2021 presidency and they have described themselves as friends.

Poland's president is due to meet Trump in Washington on Saturday, Poland's state news agency PAP reported.

Zelenskiy said on Friday he had discussed in a call with Duda the dialogue with the U.S. team led by Ukraine envoy Keith Kellogg.

"It is important that the United States stand with us. A strong and lasting peace can only be achieved through unity," Zelenskiy said on X.

(Reporting by Steve Holland, Nandita Bose, Trevor Hunnicutt and David Brunnstrom in Washington and Tom Balmforth in London; Editing by Ros Russell)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved