President Volodymyr Zelenskyy of Ukraine announced on Sunday that a controversial proposal from the Trump administration to receive $500 billion in profits from Ukraine's rare earth minerals as compensation for wartime assistance has been withdrawn. Zelenskyy cited the absence of security guarantees and the exorbitant price tag as reasons for declining the initial draft agreement.
Zelenskyy emphasized that viewing aid as a debt to be repaid would set a problematic precedent, and Ukraine does not acknowledge such a debt. Negotiations are ongoing, with Ukraine insisting on security assurances to deter potential Russian aggression.
