Ukraine Opposes Size of Minerals Fund to Pay Back US War Aid
US President Donald Trump during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, on Feb. 22.
Photographer: Samuel Corum/Sipa/Bloomberg
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Ukraine has pushed back against US demands for a $500 billion fund that would be part of a deal to give Washington a cut of the country’s mineral wealth, a Ukrainian official familiar with talks said.
The fund would compensate the US for its assistance provided to the war-torn nation since the start of Russia’s invasion. Ukraine is arguing the actual amount is about five times lower at more than $90 billion, said the person who asked not to be named because the talks are private.