KYIV, Ukraine (AP) — A contentious Trump administration proposal to give the U.S. $500 billion worth of profits from Ukraine’s rare earth minerals as compensation for its wartime assistance to Kyiv has been taken off the table, President Volodymyr Zelenskyy said Sunday, indicating a more equitable deal is in the works.
Zelenskyy had earlier declined a U.S. draft agreement on exploitation of his country’s valuable minerals such as lithium used in the aerospace, defense and nuclear industries because it did not contain security guarantees and came with the $500 billion price tag.
“The question of $500 billion is no longer there,” Zelenskyy told a news conference at a forum of
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