“The minerals agreement is only part of the picture. We have heard multiple times from the US administration that it’s part of a bigger picture,” Olha Stefanishyna, Ukraine’s deputy prime minister and justice minister who has led the negotiations, told the Financial Times on Tuesday.

Ukraine and the U.S. have outlined an agreement in which they would jointly fund Ukraine’s future security and reconstruction using an investment fund powered by the country’s rare earth minerals, President Volodymyr Zelenskyy said Wednesday.

He said: "After the Ukrainian president and the U.S. president agree on security guarantees, agree on how we tie this preliminary agreement to security guarantees from the United