Ukraine considers arms-for-minerals deal with U.S. amid local skepticism

Ukraine is exploring a potential deal to exchange its ilmenite reserves for U.S. military aid. This comes as President Zelenskyy expressed concerns about the current agreement's ability to protect Ukraine's interests. Local businessmen are skeptical about the deal's viability due to high costs and existing government policies that deter foreign investment. They also question whether American companies will invest without strong security guarantees amid ongoing conflict. The deal could strengthen ties with the U.S. and reduce reliance on Russia and China for critical minerals. However, local opposition and bureaucratic challenges remain significant hurdles to development.