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U.S. Pressing Tough Demands in Revised Deal for Ukraine’s Minerals

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U.S. Pressing Tough Demands in Revised Deal for Ukraine’s Minerals

Ukraine on Saturday was seriously considering a revised American proposal for its vast natural resources that contains virtually the same provisions that Kyiv previously rejected as too onerous, according to a draft document of the new proposal.

Some of the terms appear even tougher than in a previous draft.

The proposed agreement would significantly shift onto a mercantile footing the United States’ three-year alliance with Ukraine in the largest war in Europe since World War II. The conflict to date has largely been seen as a struggle to secure Ukraine and the European continent from an authoritarian threat from Russia.

The Trump administration’s terms could also strip Ukraine of funds that are now mostly invested in the country’s military and defense industry, and that could help rebuild the country once the war is over.

The terms of the new proposal, which is dated Feb. 21 and was reviewed by The New York Times, call for Ukraine to relinquish half of its revenues from natural resources, including minerals, gas and oil, as well as earnings from ports and other infrastructure. A similar demand was made in a previous version of the deal, dated Feb. 14 and reviewed by The Times.

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Ukraine had been floating the prospect of a partnership with the United States on its valuable natural resources as a way to persuade Mr. Trump to provide additional support for its war effort. President Volodymyr Zelensky had also been seeking security guarantees for Ukraine, a condition that was absent in the first draft agreement presented to him last week, prompting him to decline to sign the deal.

But while the new document calls for a series of commitments from Ukraine it still does not provide any specific commitments in return from the U.S. to help Ukraine sustain its war effort. It says, however, that the United States intends to provide a long-term financial commitment to help Ukraine develop economically.

The new document states that revenues from Ukraine’s resources will be directed to a fund in which the United States holds 100 percent financial interest, and that Ukraine should contribute to the fund until it reaches $500 billion — the amount Mr. Trump has demanded from the war-torn country in exchange for American aid.

That figure far exceeds the country’s actual revenues from resources, which were $1.1 billion last year, and more than four times the value of U.S. aid committed to Ukraine so far. The $500 billion sum was not mentioned in the previous version of the deal, though Mr. Trump had said publicly that was what he wanted.

It is unclear whether Mr. Trump wants it in exchange for past American military and financial assistance, or whether it would also apply to future support.

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Ukraine has not said whether it would agree to the deal under the proposed terms. Ruslan Stefanchuk, the speaker of Ukraine’s Parliament, told local media that a government-level group would begin working on the agreement on Monday and that Ukraine wanted to receive specific security guarantees in exchange for access to its resources.

Ukraine has tried to resist a total capitulation to American demands on natural resources, but has faced intense pressure from President Trump, who views access to Ukraine’s vast mineral wealth as necessary repayment for the billions the United States has provided Kyiv for its war against Russia.

The document suggests the United States may send more aid to Ukraine in the future — but at a high price. It states that Ukraine will be required to contribute to the fund a sum equal to twice the amount the United States might give to Ukraine after the deal is signed.

The revised proposal states that the United States could reinvest a portion of the revenue into Ukraine’s postwar reconstruction, including by investing in the development of the country’s subsoil assets and infrastructure.

The new draft agreement also includes provisions for revenues from territories currently occupied by Russia, in the event they were freed: The share of resource revenues contributed to the fund from liberated areas would be 66 percent. Russia currently occupies about a fifth of Ukraine’s territory, including significant portions of the resource-rich Donbas region.

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The document reviewed by The Times outlines the establishment of a fund to receive revenues from resource extraction and other sources. A second agreement, described as the Fund Agreement, would be concluded later to work out specific details.

Keith Kellogg, Mr. Trump’s special envoy to Ukraine and Russia, visited Kyiv from Wednesday to Friday and discussed the new proposal with Mr. Zelensky. Treasury Secretary Scott Bessent first met with Mr. Zelensky recently to discuss the deal, and more recently Mr. Trump’s commerce secretary, Howard Lutnick, became involved the negotiations, according to a person familiarly with the discussion.

A potential deal for Ukraine’s resources has been a major point of dispute in a rapidly deteriorating relationship between Mr. Zelensky and Mr. Trump. Their interactions became acrimonious in the last week as the American president assailed Mr. Zelensky in highly personal terms, calling him “an unelected dictator.”

The Ukrainian president, in turn, said that Mr. Trump was living in a “disinformation web” after Mr. Trump falsely claimed that Ukraine had started the war against Russia.

Mr. Zelensky’s initial hesitancy, and comments that were perceived by Mr. Trump and cabinet officials as public criticism of the president prompted a fierce backlash from the Trump administration. That possibly led to the addition of further demands written into the agreement, according to drafts and people familiar with the discussions of the deal on the Ukrainian side.

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Two of the people who had the new proposal described to them said that one of the few changes made by the United States that could satisfy Ukraine was the removal of a clause placing the deal under the jurisdiction of a New York court. The provision had raised concerns on the Ukrainian side, because it could weaken Ukraine’s legal standing in case of a dispute.

Whether Ukraine can meet the terms requested by the Trump administration is unclear.

Ukraine is not a major natural resource exporting country, as the most dynamic spheres of its economy have been agriculture, steel and other metal smelting and outsourced programming work for Silicon Valley companies. Revenues from natural resources comprised 2.5 percent of budget revenue last year.

Ukrainian officials and energy experts also say that any new fields would likely take years and significant investment to develop. Much exploration remains to be done to assess the true value of the country’s critical minerals, they say, and administrative and legislative obstacles still hinder foreign investment in the sector.

The Trump administration has suggested that the mere presence of American economic interests in Ukraine would be a security guarantee for Kyiv. Top U.S. cabinet members have pressed Mr. Zelensky to sign the deal in recent days.

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“President Zelensky is going to sign that deal, and you will see that in the very short term,” the U.S. national security adviser, Mike Waltz, said on Friday. “And that is good for Ukraine. What better could you have for Ukraine than to be in an economic partnership with the United States?”

Speaking in the Oval Office later Friday, Mr. Trump said, “We’re going to either sign a deal, or there’s going to be a lot of problems with them.”

Maggie Haberman contributed reporting.

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‘Sentimental Value’ Writing Duo Joachim Trier and Eskil Vogt Still ‘Keep the Marriage Happy’: ‘He’s My Longest Relationship’

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‘Sentimental Value’ Writing Duo Joachim Trier and Eskil Vogt Still ‘Keep the Marriage Happy’: ‘He’s My Longest Relationship’

It wasn’t love at first sight for longtime collaborators Joachim Trier and Eskil Vogt, who met when they were both in their late teens.

“We were both camera assistants, taking care of the cables on a quiz show in Norway. Joachim was still skating and wearing the biggest pants I’d ever seen. They were as wide as they were tall. I was the black jeans and Dr. Martens type, so I was skeptical,” laughs Vogt, who co-wrote “Sentimental Value” with Trier.

Then they started talking about films. 

“Suddenly, there was someone who’s seen more Fellini films than I had, and I had Hal Hartley films on VHS he wanted to borrow. This was the first time I met someone who shared my dream of making films, and that made the dream more tangible and real,” says Vogt.

Six features later, they are much more similar now, says Trier. Their way of working hasn’t really changed — they still start with ideas and develop the plot later on. 

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“We know it would be easier the other way around, but we still think of the plot quite late. Instead, we put notes up on the board and say: ‘Oh, I love this scene.’ And then we try to keep most of our darlings,” explains Vogt. 

Trier agrees: “We don’t construct the story until very late. Instead of having scenes I don’t want to shoot and we don’t want to write, we try to make sure none of them just ‘tells the story.’ They all have to be about the characters or [present us] with an exciting visual situation.”

“We still have a phase when we entertain a lot of ideas, but we come to the core of it quicker now. I think we’re more honest with ourselves — and about what we want. We also have this silly rule that we shouldn’t think too much about production limitations and money when we write. When I become the director again, it bites me in the ass.”

How do they keep it fresh? 

“I think we don’t,” laughs Vogt. 

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“There’s a lot of stuff going on when you make and release films, and we both like to go back to that safe space and rediscover that calm where it’s just our two voices. We are fortunate enough that our films generate more and more noise that we have to shut out, so when we work, we make it personal and small again.”

Following the success of 2021’s “The Worst Person in the World,” which earned them an Academy Award nomination for original screenplay — it also scored an Oscar nomination for international feature — expectations were high. Then again, they always are. 

“Every film feels like that. The first one, ‘Reprise,’ was quite successful, so ‘Oslo, August 31st’ was made out of panic: ‘Let’s do what we want now, before we don’t sell out’,” says Trier with a laugh. “’Worst Person’ was this fun film that generated a lot of attention and we knew we were going to put [“Sentimental Value”’”] into a climate of expectation. We used that panic and that energy to go deep into something we cared about.” 

In the film, which scored Grand Prix at Cannes, two sisters reunite with their absentee father, a movie director who wants to make a film about their family. It stars Stellan Skarsgård, “Worst Person” breakout star Renate Reinsve and Inga Ibsdotter Lilleaas, who seems to be on the same trajectory as Reinsve in terms of global recognition for her performance.

“A few months into that process, we thought: ‘We’re going to lose some of the people who loved ‘Worst Person’ for being so young and exuberant,’” says Vogt. Fast forward to November and the film is being embraced by an even younger audience and “spreading on TikTok,” says Trier with a hint of irony.  

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Their friendship allows them to get “very intimate and very personal super quickly” when they write. 

“When I write alone, I procrastinate. When I’m procrastinating with Joachim, even if I haven’t done anything, at least I got to spend a day with my friend,” says Vogt. Trier adds: “It took me a long time to create a real family outside of art. I have one now, but Eskil is my longest relationship outside of my parents. We don’t need to be silly romantic about it, but we have to be honest: it’s a real gift.”

Trier continues: “If you look at our filmography, it becomes apparent we’ve been tracing the development of our life stages. I don’t think we could have made ‘Sentimental Value’ earlier in our collaboration.”

They say their relationship is “like every old marriage,” but having an open relationship isn’t an option just yet.

“I think we get enough excitement with other collaborators to keep the marriage happy,” says Trier.

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“Eskil has always told me: ‘If you want to write with someone else, it’s OK’ We have those tough conversations, but it just hasn’t happened yet. I still call him during the shoot, so he’s used to me working with others and doing my own thing, and he allows that. I’m also happy to see Eskil making his own films without me at all.” 

Vogt, who directed “The Innocents,” adds: “Maybe it would be interesting for you to make a film without me involved…” 

“…And see how shitty I really am,” deadpans Trier. “I come from a family of artists — I love the team thing. Eskil can write alone — I would hate that. We get annoyed with each other, but that’s life: there’s still love at the end of the day. So, you know, touch wood. I hope it continues.”

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Russia warns Western forces in Ukraine would be considered ‘legitimate combat targets’

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Russia warns Western forces in Ukraine would be considered ‘legitimate combat targets’

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Russia on Thursday warned that any Western military forces deployed to Ukraine under a post-war security arrangement would be considered “legitimate combat targets,” sharply criticizing a newly signed Paris declaration outlining security guarantees for Kyiv.

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In a statement posted on the Russian Foreign Ministry’s Telegram channel, spokeswoman Maria Zakharova said the declaration, backed by Ukraine, the United States and several European countries, was not aimed at peace but at further militarizing Ukraine and escalating the conflict.

She specifically objected to provisions calling for a multinational force and continued military support for Ukraine’s armed forces, warning that any foreign troops, military infrastructure or facilities on Ukrainian territory would be viewed by Moscow as direct foreign intervention.

UKRAINE, US NEAR 20-POINT PEACE DEAL AS PUTIN SPURNS ZELENSKYY CHRISTMAS CEASEFIRE OFFER

Russian Foreign Ministry spokesperson Maria Zakharova attends the annual press conference held by Foreign Minister Sergei Lavrov on Jan. 14, 2025, in Moscow. (Evgenia Novozhenina/Reuters)

“All such units and facilities will be considered as legitimate combat targets of the Armed Forces of the Russian Federation,” Zakharova said.

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“These warnings have been voiced more than once at the highest level and remain relevant.”

British Prime Minister Keir Starmer said on Monday the U.K. and France signed a declaration of intent to deploy forces to Ukraine in the event of a peace deal, including establishing military hubs and facilities to store weapons and equipment after a ceasefire.

A soldier fires a third-generation Javelin man-portable anti-tank missile system during a professional training session on Jan. 7, 2026, in Ukraine. (Ukrinform/NurPhoto via Getty Images)

“It paves the way for the legal framework under which British, French and partner forces could operate on Ukrainian soil – securing Ukraine’s skies and seas – and regenerating Ukraine’s armed forces for the future,” Starmer told reporters at a press conference after the Coalition of the Willing meeting in Paris.

RUSSIA ALLEGES ATTACK ON PUTIN RESIDENCE AS UKRAINE DENIES CLAIM AHEAD OF TRUMP TALKS

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“We also have agreed [on] significant further steps. First, that we will participate in U.S.-led monitoring and verification of any ceasefire. Second, we will support the long-term provision of armaments for Ukraine’s defence. And third, we will work towards binding commitments to support Ukraine in the case of a future armed attack by Russia,” he added.

Germany’s Chancellor Friedrich Merz, Ukraine’s President Volodymyr Zelenskiy, France’s President Emmanuel Macron, Britain’s Prime Minister Keir Starmer, U.S. Special Envoy Steve Witkoff and U.S. businessman Jared Kushner speak at a press conference after signing a declaration at the Coalition of the Willing summit on Jan. 6, 2026, in Paris. (Ludovic Marin/Pool via Reuters)

U.S. special envoy Steve Witkoff said on X that negotiators made significant progress on a bilateral security guarantee framework and a prosperity plan for Ukraine, calling durable security guarantees essential to a lasting peace.

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Ukrainian President Volodymyr Zelenskyy on Thursday said the document on security guarantees for Ukraine is essentially “ready for finalization at the highest level with the President of the United States.”

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“Complex issues from the basic framework for ending the war were also addressed, and the Ukrainian side presented possible options for finalizing this document,” he added. “We understand that the American side will engage with Russia, and we expect feedback on whether the aggressor is genuinely willing to end the war.”

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Belgium open to housing foreign prisoners in other countries, minister says

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Belgium’s Migration Minister Anneleen Van Bossuyt is looking at “every possible solution” to increase the number of irregular migrants returned from Belgium, including renting or building prison space abroad to house foreign prisoners.

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