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Investing.com -- The administration of U.S. President Donald Trump and Ukraine are preparing to sign a minerals deal that had been postponed following a contentious Oval Office meeting on Friday, according to a report from Reuters, citing sources. Ukrainian President Volodymyr Zelenskiy was dismissed from the meeting.
President Trump has indicated to his advisers that he wishes to announce the agreement during his address to Congress on Tuesday evening. However, three sources have noted that the deal has not yet been signed and the situation could still change.
The White House, Ukraine’s presidential administration in Kyiv, and the Ukrainian embassy in Washington have not yet responded to requests for comment.
The deal was initially put on hold after the Oval Office meeting between Trump and Zelenskiy resulted in Zelenskiy’s swift departure from the White House. Zelenskiy had traveled to Washington with the intention of signing the deal.
During the meeting, both Trump and Vice President JD Vance told Zelenskiy he should express gratitude to the U.S. for its support instead of requesting more aid publicly. "You’re gambling with World War III," Trump said to Zelenskiy.
U.S. officials have continued talks with officials in Kyiv about the minerals deal, despite the tension from Friday’s meeting. They have encouraged Zelenskiy’s advisers to persuade the Ukrainian president to publicly apologize to Trump.
Zelenskiy posted on Tuesday that Ukraine is ready to sign the deal, describing the Oval Office meeting as "regrettable." He added, "Ukraine is ready to come to the negotiating table as soon as possible to bring lasting peace closer."
Details about any changes to the deal remain unclear. The original deal, which was set to be signed last week, did not include explicit security guarantees for Ukraine. However, it did grant the U.S. access to revenues from Ukraine’s natural resources. The deal also proposed that the Ukrainian government contribute 50% of future monetization of any state-owned natural resources to a U.S.-Ukraine managed reconstruction investment fund.
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