A contentious minerals deal signed by Ukraine’s parliament is expected to secure the latter’s long-term commitment to the war-torn nation as a result of stalled efforts to reach a ceasefire between Ukraine and Russia.
The minerals-deal-with-us”>deal, which was put forth by US President Donald Trump and took several months to reach, makes for a sort of turning point in the conflict, giving the US priority access to Ukraine’s crucial minerals in order to deter future Russian aggression. However, it falls short of providing specific security assurances and still raises questions about mineral access in regions under Russian control.
Andrii Sybiha, the country’s minister of foreign affairs, claimed on Thursday that the agreement “marks a significant milestone in the Ukraine-US strategic partnership aimed at strengthening Ukraine’s economy and security.
According to Al Jazeera’s Zein Basravi, a journalist from Kyiv, “We’re anticipating it to be discussed and ratified by Ukraine’s parliament later today.” The general consensus is that if the US invests economically in Ukraine, it will invest in Ukrainian security.
According to Prime Minister Denys Shmyhal, Ukraine was able to secure a number of last-minute concessions in the agreement, which will result in the establishment of a so-called Reconstruction Investment Fund, with the country now being free to pay back billions in previous US aid and maintaining “full control over its subsoil, infrastructure, and natural resources.”
Notably, the US Treasury statement on the agreement mentioned Russia’s “full-scale invasion” of Ukraine, which suggested a shift in Washington’s alleged support for Russia. According to the Reuters news agency that saw a copy, the draft does not offer the specific security guarantees Ukraine was looking for.
Questions remain regarding how the US will access resources in the Russian-controlled area. According to estimates from Ukrainian think tanks We Build Ukraine and the National Institute of Strategic Studies, which cite data up until the first half of 2024, about 40% of Ukraine’s metal resources are currently under Russian control.
“Diplomatical win”
Dmitry Medvedev, the former head of Russia’s Security Council, made fun of the deal on Thursday. Trump “broke the Kyiv regime to the point where they will have to use mineral resources to pay for US aid,” he claimed.
He said that Ukrainians will now be required to pay for military supplies using the country’s national wealth.
Trump had stated on Wednesday that the deal would give the US a return on its investment in the nation as well as prevent it from looking “foolish.” Trump responded, “Well, it could,” when asked whether the deal would “inhibit” Vladimir Putin.
In response to Trump’s efforts to mediate a peace deal, which included his threat to walk out if one is not reached soon, Anatol Lieven, director of the Eurasia Program at the Quincy Institute for Responsible Statecraft, expressed concerns that Putin was “just tapping me along.”
If the current round of peace negotiations fails and Trump is threatened, Lieven said, “What it will probably ensure or [what] Kyiv hopes it will ensure is that he will blame Russia, not Ukraine,” he said.
Overall, he continued, would mean that the US “would feel invested in Ukraine and would not, by extension, overlook Ukraine.” Even though it’s not a security guarantee, he claimed, “It certainly ought to deter upcoming Russian aggression.”
Andrey Baklanov of the Association of Russian Diplomats, who was questioned about whether the US could be seen as a trustworthy mediator, told Al Jazeera that Russia was “cautious.”
Trump claimed that there had been “no tangible results” in terms of improving relations with Russia during his first 100 days in power, which he celebrated on Wednesday. He argued that the minerals deal was not “timely” because “Ukraine’s future is very uncertain.”
War continues to rage.
The war’s daily grind continued unabated as Ukrainian politicians scrutinize the deal, with Ukraine and Russia launch drone attacks on each other.
Two people were killed and 15 others were hurt in the Russian drone attack on Ukraine’s Black Sea port city of Odesa early on Thursday, according to emergency services.
At least 45 civilians were hurt earlier, according to Ukrainian officials, when a Russian drone attacked Kharkiv overnight.
At least seven people were killed and 20 were hurt when Ukrainian drones struck a busy market in Oleshky, in southern Ukraine, on Thursday morning, according to Russian-installed governor Vladimir Saldo, who was there to assist them.
One of the most holy holidays on the Russian calendar, May 8 to 10, will be marked by a three-day ceasefire that Putin has announced for May 8 and 10 when Russia will hold celebrations to commemorate its victory over Nazi Germany in World War II.