Kyiv and Washington's Mineral Deal: Progress but No Finalization

Ukrainian Finance Minister Serhii Marchenko revealed advancements in mineral deal discussions between Kyiv and Washington, though no agreement will be finalized this week. Both countries previously signed a memorandum as a preliminary move. U.S. Treasury seeks inclusion of frozen Russian assets in broader talks.

Ukrainian Finance Minister Serhii Marchenko announced significant progress in talks over a minerals deal between Kyiv and Washington. However, an agreement remains out of reach this week despite a memorandum signed recently.

During a Ukrainian embassy-hosted event, Marchenko stated, “There was progress and now our teams are working very closely together.” The minister indicated that certain issues need resolution but provided no specific details.

Additionally, Marchenko noted that U.S. Treasury Secretary Scott Bessent aims for discussions about frozen Russian assets to factor into broader negotiations.