Zelenskyy Rejects U.S. Demands in Mineral Deal Amid Ongoing Conflict
Ukrainian President Volodymyr Zelenskyy pushes back against intense U.S. pressure for a $500 billion minerals agreement as Russian airstrikes escalate.
Ukrainian President Volodymyr Zelenskyy has firmly resisted demands from U.S. officials to sign a $500 billion minerals deal, asserting that he will not agree to terms he perceives as detrimental to Ukraine's long-term interests.
Speaking at a press conference in Kyiv on the eve of the third anniversary of Russia's full-scale invasion, Zelenskyy characterized the proposed sum as excessive, contrasting it with the U.S.'s previous military assistance of approximately $100 billion, which he described as a grant rather than an obligation to be repaid.
Zelenskyy stated, "I'm not signing something that 10 generations of Ukrainians are going to pay later," indicating his refusal to commit to financial arrangements he believes would burden future generations.
He expressed that the potential agreement would require Ukraine to repay $2 for every $1 of military aid, a severe condition he argues is not applied to other U.S. allies.
Asserting the importance of U.S. security guarantees, Zelenskyy stressed that any deal must include protections to prevent further Russian incursions.
Currently, the Biden administration has not granted this assurance.
His comments come following a significant escalation in hostilities, where Russia conducted its largest drone assault to date on Ukraine, resulting in at least four casualties across the nation.
The Ukrainian president also addressed criticisms surrounding his leadership during wartime, specifically remarks from Donald Trump labeling him a "dictator" for not holding elections.
He reiterated that he was elected with a substantial mandate in 2019 and suggested that any calls for elections amid martial law are part of a Russian disinformation strategy.
He maintained that holding elections in conflict zones presents insurmountable logistical challenges.
During the press conference, Zelenskyy alluded to the strategic role of the U.S. in future peace negotiations, emphasizing the necessity of Ukrainian involvement and the inclusion of European partners.
He expressed concerns that any bilateral agreement between the United States and Russia without Ukraine's participation would ultimately fail to stabilize the region.
Amid discussions of peace initiatives, Steve Witkoff, a special envoy for Trump, stated in a separate interview that restoring business relations for U.S. companies in Russia could be a motivating factor in seeking an agreement to end the war.
Negotiations between U.S. and Russian officials are set to continue, with recent talks having taken place in Riyadh.
Zelenskyy acknowledged that a cessation of U.S. military aid under a Trump administration could diminish Ukraine's international support by roughly 20%.
He reiterated Ukraine’s need for advanced missile defense systems, stating the country awaits additional supplies of promised weaponry agreed upon at NATO discussions in the prior summer.
With ongoing threats from Russia, he charted a path for discussions about security guarantees in a forthcoming European summit with key figures from the UK and France.