AdvertisementAdvertisementUkrainian President Volodymyr Zelenskyy gestures during a news conference at a security summit in Kyiv, Ukraine, Monday, Feb. 24, 2025. (Frank Gunn/The Canadian Press via AP)26 Feb 2025 05:24AM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST KYIV: Ukraine has agreed on the terms of a minerals deal with the United States and could sign it as early as Friday (Feb 28) on a trip to Washington by President Volodymyr Zelenskyy, a senior Ukrainian official said.US President Donald Trump had demanded that Ukraine give access to its rare earth minerals to compensate for the billions of dollars worth of wartime aid it received under Joe Biden.The deal would see the United States jointly develop Ukraine's mineral wealth, with revenues going to a newly created fund that would be "joint for Ukraine and America", a senior Ukrainian source told AFP on condition of anonymity."Now government officials are working on the details... As of now, we are considering a visit to Washington for Friday to sign the agreement," the source added.Commentary: Trump-Putin deal on Ukraine will be Europe’s moment of reckoningUkraine marks Russia invasion anniversary amid talk US minerals deal is closeCommentary: Ukraine can survive with the ‘least worst’ peace dealUkraine had asked for security guarantees from the US as part of any agreement.The source said the draft of the deal includes a reference to "security", but does not explicitly set out the United States's role."There is a general clause that says America will invest in a stable and prosperous sovereign Ukraine, that it works for a lasting peace, and that America supports efforts to guarantee security."The source also said Washington had cut clauses that would have been unfavourable to Ukraine, including that it provide "$500 billion" worth of resources.Source: AFP/fsSign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST