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Live updates: Trump and Zelensky Meeting Devolves in the screaming match over the Ukrainekrieg

The United States and Ukraine try to hammer an agreement on natural resources that enable Washington access to Kyiv's undeveloped mineral switches in exchange for investments and what the Ukraine hopes would be concrete security guarantees.

While US President Donald Trump said on Wednesday that a deal was completed and that he was “happy”, Ukrainian President Volodymyr Zelensky was more careful and said that the agreement could be a “great success” – but that it depends on Trump.

Here is what we know – and not know – – about the agreement:

What is in the business? The draft of the contract requests the establishment of a “reconstruction investment fund”, which is jointly managed by the USA and Ukraine. The Ukrainian Prime Minister Denys Shmyhal emphasized that the deal would rule out existing “deposits, facilities, licenses and license fees” that are connected to the natural resources of Ukraine. The design of the agreement goes beyond minerals and rare earths. It includes the other natural resources of Ukraine, including oil and gas, as well as any infrastructure that are connected to the sectors such as ports or LNG terminals.

What does Trump want from the deal? Trump said over the weekend that he “tried to get the money back” and referred to the help of Ukraine under the previous administration.

What does Ukraine want from the deal? The mineral wealth of Ukraine have long been in the eyes of their allies – and Kyiv has made them part of his appointment. Zelensky has made it clear that he wants to be part of the business as part of the business.

Why is Trump so interested in this deal? Materials such as graphite, lithium, uranium and the 17 chemical elements that are known as rare earths are of crucial importance for economic growth and national security. They are of essential importance for the production of electronics, clean energy technology, including wind turbines, energy networks and electric vehicles as well as some weapon systems. The United States is largely off imports for the minerals from which it needs, many of which come from China, which has dominated the market for a long time. Experts have long warned that it is risky to rely on China for strategic materials, but the latest trade voltages between Washington and Beijing make it even more important to the USA to search for alternative suppliers.

How big are Ukraine's resources? Ukraine has significant reserves for minerals of rare earth worldwide, but some of the world's largest deposits of graphite, lithium, titanium, beryllium and uranium, all of which are classified by the USA as critical minerals. While Ukraine has large reserves of these minerals, little was done to develop the sector. It is unlikely that Kyiv can extract these resources without foreign investments.

CNNS Victoria Butenko, Nick Paton Walsh and Gul Tuysuz, Christian Edwards, Svitlana Vlasova, Dariya Tarasova-Marina, Lauren Kent, Betsy Klein, Michael Williams, contributed to this report.