Ukraine Delegation to Arrive for Key Negotiations on Minerals Deal Soon, US Treasury Secretary Announces

A Ukrainian delegation will travel to the United States later this week or early next week to discuss a critical minerals agreement, US Treasury Head Scott Bessent told Bloomberg on April 2.

According to Bessent, Ukraine has “hired a lawyer” to oversee negotiations, while the US side considers the deal “ready.”

“We believe this deal so important for the American people, for the Ukrainian people, and for the peace process,” Bessent emphasized.

On March 31, reports indicated that Ukraine and the US had, for the first time, held detailed discussions on a draft agreement on critical minerals, initially proposed by Washington.

Earlier, reports emerged that Ukraine received a new version of the proposed agreement on mineral resources from the United States and began internal and bilateral consultations to review the updated terms.

Minister of Foreign Affairs Andrii Sybiha said the updated draft was transmitted through diplomatic channels on March 28.

Speaking at a joint press conference with Lithuanian counterpart Kęstutis Budrys on April 1, Sybiha stated that Ukraine had previously been ready to sign a preliminary framework agreement but is now considering a revised proposal from Washington.