The agreement between the US and Ukraine focuses on the exploitation of Ukraine's critical minerals, including rare earth elements. This benefits Ukraine economically, providing resources for reconstruction and defense purchases from the US. The agreement avoids linking mineral revenue to military aid, contradicting Trump’s past statements and electoral promises, and establishes a fund for reconstruction over ten years. It also implicitly supports Ukraine's EU membership aspirations.
While a partial victory for Zelensky, the agreement lacks a US commitment to Ukraine's long-term defense. This leaves questions about Ukraine's future security, particularly concerning air defense, following recent unfavorable military developments for Kyiv. The agreement may also be seen as a warning to the EU to strengthen its own military capabilities, prompting discussions about a post-American Europe dependent on its own resources and defense systems.
Ukraine possesses 5% of the world's rare earth minerals, which are crucial for modern technology, military production, and electric vehicles. The agreement grants the US access to these resources, partly explaining Trump's past interest in such a deal. The agreement dictates that revenue from the exploitation of these minerals will be used to help rebuild Ukraine over the next decade.