The Financial Times reported on March 27 that the latest version of the agreement proposed by the U.S. includes terms that would grant Washington unprecedented control over Ukraine's natural resources through a joint investment fund.

Summary

President Volodymyr Zelensky warned on March 28 that Ukraine will reject a proposed U.S. minerals deal if it endangers the country’s EU accession.

A new draft, reportedly granting the U.S. extensive control over Ukrainian natural resources, raised concerns over economic sovereignty.

Zelensky said lawyers will review the agreement, emphasizing it must not conflict with Ukraine’s constitutional EU alignment.

The initial deal would create a joint fund reinvesting extraction proceeds into Ukraine. The White House views it as a way to recoup aid, but Kyiv remains cautious after a prior dispute with Trump.