President Donald Trump has been pushing for a significant agreement with Ukrainian President Volodymyr Zelenskyy, aiming to secure access to Ukraine’s minerals, oil, and natural gas. Although both countries have conceptually agreed to a deal where Ukraine would deposit a portion of future resource revenues into a jointly controlled fund, the current framework lacks the security guarantees demanded by Ukraine. A face-off between the leaders is anticipated during Zelenskyy’s upcoming Oval Office meeting with Trump, where discussions on a mineral deal and potential U.S. military support for Ukraine are expected.

Trump views this agreement as a means to recoup expenses incurred by the U.S. in supporting Ukraine during the conflict. The proposed deal, while termed a “breakthrough agreement,” necessitates rebuilding Ukraine’s infrastructure and conducting geological assessments before tangible benefits can be realized. Trump’s focus on reclaiming costs spent on the war, especially compared to European contributions, underscores his determination to make the deal financially advantageous for the U.S.

While Trump had initially pursued a larger agreement, the current framework signifies a compromise following Zelenskyy’s rejection of a $500 billion deal. Trump’s softened stance towards Zelenskyy ahead of their meeting indicates a desire for cooperation. Despite European concerns over Trump’s approach and unilateral talks with Russia, Zelenskyy emphasizes the importance of continued U.S. military support for Ukraine’s security.

As discussions progress, Trump rules out NATO membership for Ukraine, emphasizing that a peace agreement may not materialize swiftly. The complexities of the proposed deal, including rebuilding Ukraine’s infrastructure and navigating geopolitical sensitivities, highlight the challenges ahead in achieving a comprehensive agreement that satisfies all parties involved.