Ukrainian officials will visit the US at the end of this week for talks on a deal governing post-war plans to exploit mineral deposits and rebuild infrastructure, according to people familiar with the matter.
Author of the article:
Published Apr 08, 2025 • 2 minute read
Article content
(Bloomberg) — Ukrainian officials will visit the US at the end of this week for talks on a deal governing post-war plans to exploit mineral deposits and rebuild infrastructure, according to people familiar with the matter.
Article content
Article content
The delegation will include deputy ministers from Ukraine’s economy and justice ministries but no higher-level politicians, as talks with President Donald Trump’s administration require technical consultations at this stage, two officials said, asking not to be named, as the negotiations aren’t public. Kyiv has also appointed an international law firm to advise on negotiations, they said.
Advertisement 2
Article content
The visit should take place from April 11-12, the people added. A spokesperson for the Foreign Ministry acknowledged the visit will take place and declined to provide further details. The Economy Ministry didn’t respond to a request for comment.
Kyiv is holding out for better terms in an expected deal with Washington which could oblige the war-ravaged nation to hand the US half the future revenue from a significant portion of its economy. Trump and US officials view the deal as compensation for the tens of billions of dollars in assistance provided to Ukraine by previous President Joe Biden since Russia’s full-scale invasion.
But Ukraine is refusing to recognize that aid as debt. Kyiv seeks a larger US investment as part of any profit-sharing deal and is also concerned that the deal, and the privileges it would grant the US, may complicate its bid to join the European Union.
Kyiv is treading a fine line, refraining from any harsh public criticism of Washington or Trump while it struggles to maintain waning US support for its ongoing fight against Russia’s invasion.
Advertisement 3
Article content
The upcoming visit of Ukraine’s delegation follows online talks between Washington and Kyiv in late March. Those talks came after the US sent a draft of the agreement it wants Kyiv to sign.
Ukraine’s talks with the US on an investment deal coincided with peace negotiations brokered by Trump’s team, held in Saudi Arabia, although that push appears to have lost some momentum. While Ukraine and Russia agreed to a temporary partial cease fire on energy infrastructure, air strikes continue with Russia’s latest barrage killing at least 20 civilians in the city of Kryvyi Rih on Wednesday.
—With assistance from Daryna Krasnolutska and Jeremy Hodges.
Article content
