REGION - SARAWAK > NEWS

US TREASURY CHIEF BESSENT SAYS MINERALS DEAL WITH UKRAINE FINALISED, ON PAPER

Published : 28/02/2025 12:25 PM

WASHINGTON, Feb 28 (Bernama-Sputnik/RIA Novosti) -- US Secretary of the Treasury Scott Bessent said in an interview with Fox Business that the minerals deal with Ukraine is finalised and just waiting to be signed by Ukraine's Volodymyr Zelenskyy and President Donald Trump on Friday, reported Sputnik/RIA Novosti.

"The deal is done. President Zelenskyy is coming here to sign the deal tomorrow. So there is no more negotiation. There is nothing else. I'm sure President Zelenskyy and President Trump will have a wide-ranging discussion, but as far as the deal, it is complete, it is on paper, and the Ukrainian government has approved it. It is just awaiting the signature of the two heads of state tomorrow," Bessent said on Thursday.

Bessent clarified that the agreement will focus on rare earth minerals, oil and gas, and infrastructure assets in Ukraine.

Moreover, Bessent added that the agreement is designed to eliminate any possibility for corruption by using the US’ best practices.

Earlier on Thursday, White House National Economic Council Director Kevin Hassett said that the United States estimates to get around US$20 billion from the rare earth minerals deal with Ukraine.

--BERNAMA-SPUTNIK/RIA NOVOSTI


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2025 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy