Ukraine's Zelenskyy says framework economic deal with US is ready

Ukraine's Zelenskyy says framework economic deal with US is ready
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Ukraine's Zelenskyy says framework economic deal with US is ready
Author: Via AP news wire
Published: Feb, 26 2025 13:37

Summary at a Glance

KYIV, Ukraine (AP) — Ukrainian Prime Minister Denys Shmyhal said Wednesday that Ukraine and the United States have reached preliminary agreement on a broad economic deal that includes U.S. access to Ukraine’s rare earth minerals amid its three-year war with Russia.

A framework economic deal with the United States is ready, Ukrainian President Volodymyr Zelenskyy said Wednesday, but security guarantees that Kyiv views as vital remain to be decided and a full agreement could hinge on talks in Washington as early as Friday.

After days of negotiations, Ukraine and the U.S. will sign the preliminary agreement but with further details of a full agreement — including U.S. security guarantees that Kyiv officials view as vital — still to be worked out, Shmyhal said on Ukrainian public television.

The agreement could be signed as early as Friday and plans are being drawn up for Ukrainian President Volodymyr Zelenskyy to travel to Washington to meet Trump, officials have said.

The framework deal is a first step toward a full agreement that will be subject to ratification by Ukraine’s parliament, Zelenskyy said during a news conference in Kyiv.

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