World NewsUkraine, US working on economic deal to ensure it...

Ukraine, US working on economic deal to ensure it works: Zelenskiy

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This handout photograph released by the Ukrainian presidential press service on September 27, 2024 shows Ukrainian President Volodymyr Zelensky (L) and Republican presidential nominee former US President Donald Trump meeting on September 27, 2024 in New York. — AFP
  • Ukraine and US negotiating economic deal for fair cooperation.
  • Zelenskiy rejects initial US proposal, citing lack of security promises.
  • Tensions rise as Trump criticises Zelenskiy over Ukraine war policies.

Ukraine’s President Volodymyr Zelenskiy said on Friday that officials from his country and the US were working on concluding an economic deal to ensure that the accord worked and was fair to Kyiv.

In Washington, US President Donald Trump said negotiators were close to clinching an accord.

Zelenskiy rejected an initial proposal focusing on cooperation around metals, saying it was “not a serious conversation” and not in Ukraine’s interests.

“Today, the teams of Ukraine and the United States are working on a draft agreement between our governments,” Zelenskiy said in his nightly video address.

“This agreement has the potential to strengthen our relations and, most importantly, the details must be arranged in such a way that ensures it works. I am hoping for a result, a fair result.”

Zelenskiy’s comments followed a conversation between his chief of staff, Andrii Yermak, and US National Security Advisor Mike Waltz. The Ukrainian president’s office said the two men discussed “aligning positions” in bilateral relations.

Yermak “stressed the importance of maintaining bilateral cooperation and a high level of relations between Ukraine and the United States”, according to the president’s office.

Waltz said on Friday he expected Zelenskiy to sign the minerals agreement with the US as part of efforts to end the Ukraine war.

“Here’s the bottom line, President Zelenskiy is going to sign that deal, and you will see that in the very short term,” Waltz told the Conservative Political Action Conference on the outskirts of Washington.

Zelenskiy rejected US demands for $500 billion in mineral wealth from Ukraine to repay Washington for wartime aid, saying the US had supplied nowhere near that sum.

He also said the proposed deal offered none of the security guarantees that Ukraine is seeking as part of a peace settlement.

Zelenskiy became involved in barbed exchanges with Trump this week over approaches to a peace settlement and the opening of US-Russian talks to which Ukraine was not invited.

Trump branded the Ukrainian leader “a dictator without elections,” a reference to Zelenskiy remaining in office beyond his mandate without calling a wartime election.

In his address, Zelenskiy provided details of telephone calls he made to European and African leaders — including Croatia, the Czech Republic, Germany, Slovenia, Ireland, Luxembourg and Sweden.

“The main conclusion is that Europe must and can do considerably more so that peace can realistically be achieved,” he said.





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