Headlines

Past US aid to Ukraine not included in minerals deal, Kyiv says

Published by Global Banking & Finance Review

Posted on April 28, 2025

2 min read

· Last updated: January 24, 2026

Add as preferred source on Google
Past US aid to Ukraine not included in minerals deal, Kyiv says
Global Banking & Finance Awards 2026 — Call for Entries

(Reuters) - Ukraine has agreed that the past U.S. aid provided to Kyiv will not be part of a minerals deal it aims to sign with Washington, Ukrainian Prime Minister Denys Shmyhal said on Sunday. "

US-Ukraine Minerals Agreement Excludes Previous Aid

(Reuters) - Ukraine has agreed that the past U.S. aid provided to Kyiv will not be part of a minerals deal it aims to sign with Washington, Ukrainian Prime Minister Denys Shmyhal said on Sunday.

"Agreements have been reached that the document does not count assistance provided before its signing," Shmyhal said in a Telegram post.

Shmyhal, who was in the United States last week for the Spring Meetings of the International Monetary Fund and World Bank, said that there was "a good progress" on the agreement after meeting U.S. Treasury Secretary Scott Bessent.

"Most important - we have clearly defined our red lines, the agreement must comply with European obligations and not contradict the Constitution and legislation of Ukraine," he said.

He added that legal teams were working on the document.

U.S. National Security Adviser Mike Waltz said on Sunday the deal "is going to get done."

The two sides signed a memorandum on April 18 as an initial step towards clinching an agreement on developing mineral resources in Ukraine, a deal promoted by U.S. President Donald Trump that has proven elusive.

Although both had been poised to sign a deal for cooperation on natural resources in February, it was delayed after an angry encounter in the Oval Office between Trump and Ukrainian leader Volodymyr Zelenskiy.

(Reporting by Anna Pruchnicka in Gdansk; Editing by Raju Gopalakrishnan)

Key Takeaways

  • Ukraine's past US aid is not included in the new minerals deal.
  • Prime Minister Denys Shmyhal confirms progress on the agreement.
  • The deal must comply with European obligations and Ukraine's laws.
  • A memorandum was signed as a step towards the agreement.
  • The deal was delayed due to a previous encounter in the Oval Office.

Frequently Asked Questions

What is the main topic?
The article discusses a minerals deal between the US and Ukraine, excluding past US aid.
Who is involved in the agreement?
The agreement involves Ukraine, represented by Prime Minister Denys Shmyhal, and the United States.
What are the conditions of the deal?
The deal must comply with European obligations and not contradict Ukraine's laws.

Related Articles

More from Headlines

Explore more articles in the Headlines category