The framework settlement on mineral sources between Ukraine and the US is already ready, with the following step being the event of an in depth doc with particular figures.

Supply: President Volodymyr Zelenskyy throughout a gathering with journalists, as reported by RBC-Ukraine

Particulars: The president defined {that a} framework settlement on mineral sources is in place, and the following stage will contain drafting an in depth settlement with concrete figures and percentages, which is able to then be submitted for approval within the Verkhovna Rada (Ukrainian Parliament).

Quote: "This plan has not modified, and the sequence of actions stays the identical," Zelenskyy clarified.

Moreover, he famous that Russia has no intention of growing deep mineral extraction, and its claims of readiness don’t point out precise plans for motion.

In the meantime, Olha Stefanishyna, Ukraine's Deputy Prime Minister for European and Euro-Atlantic Integration, defined on the Forbes Ukraine summit that the textual content of the mineral sources settlement has been agreed upon with the US and has remained unchanged since earlier negotiations.

Forbes Ukraine reviews, citing Stefanishyna, the following step is the preparation of an settlement on an Funding Fund, which is able to define particular financial parameters and commitments.

Background:

• The earlier subsoil settlement concerned the creation of a business fund, by which the USA would have 100% management and Ukraine would allocate funds to it.
• Ukraine’s President Volodymyr Zelenskyy said that he doesn’t intend to recognise an settlement beneath which Ukraine would owe the US US$500 billion. He additionally said that the mere presence of American companies in Ukraine wouldn’t assure safety.
• On 28 February, Ukraine's President Volodymyr Zelenskyy and US President Donald Trump didn’t signal a minerals deal.
• Nevertheless, Ukraine expects to signal an settlement with the US to create a joint funding fund, the signing of which was disrupted on 28 February.
• Olha Stefanishyna said that the settlement between Ukraine and the US doesn’t present for the switch of subsoil use rights or any property rights.

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