Summary

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Watch: White House says Ukraine mineral deal is 'repayment' to US

  1. 'Important milestone' for US-Ukraine relations but no peace yetpublished at 18:28 British Summer Time 1 May

    Volodymyr Zelensky wears a black top.Image source, Getty Images

    The signing of the much-anticipated natural resources deal has been warmly welcomed by both Ukrainian and US officials today, after it was announced on Wednesday.

    Here's a recap of the significant developments since then:

    We are now closing this page, but you can keep up with this story across the BBC:

  2. Seven key takeaways from US-Ukraine resources dealpublished at 18:04 British Summer Time 1 May

    President Donald Trump stands next to President Volodymyr Zelensky. President Trump wears a blue suit with a red tie and President Zelensky wears a black button up top.Image source, Reuters

    As we follow Trump's prayer event at the White House, let's take a look at the seven key takeaways from the US-Ukraine resources deal:

    1. No Ukrainian payback to US: Trump has previously asked Ukraine to pay back billions of dollars he says the US gave Kyiv as war aid - the agreement published by Ukrainian government did not dictate that it pays back any supposed "debt" to the US
    2. Tougher tone from US towards Putin: The language used by the US in announcing the deal is notably harsher towards Russia than is usually the case from the Trump administration
    3. Oil and gas included alongside minerals: Much of the talk around this deal relates to Ukraine's mineral wealth - but the agreement also includes provisions for new oil and gas projects
    4. No hindrance to Kyiv's EU ambitions: The US acknowledges Ukraine's intention to join the EU and the need for this agreement not to conflict with that aspiration
    5. Profits to be reinvested in Ukraine for 10 years: For the first decade of the reconstruction investment fund - a part of the deal - profits will be "fully reinvested in Ukraine's economy"
    6. A US military commitment back on table: The US has framed the deal as essential if Ukraine is to continue to receive its military assistance. A Ukrainian official who flew to Washington to sign the deal said her country envisaged the US contributing new assistance in the future, such as air defence systems
    7. But, the US can still walk away any time: There are no concrete security guarantees from the US, which is something Ukraine and Europe have long been pushing them to provide; that means there would still be a fragility about the commitment of Ukraine's most important ally

    Want to know more? Read our analysis piece: Seven takeaways from US-Ukraine resources deal

  3. Trump briefly addresses war in Ukraine during prayer eventpublished at 17:54 British Summer Time 1 May

    Donald TrumpImage source, Getty Images

    During his wide-ranging address at the White House's National Day of Prayer event, Donald Trump briefly addresses the war in Ukraine.

    Trump condemns the "Ukraine-Russian horror show" that he says "we're trying to stop".

    He urges attendees to "think of those parents" on both sides who are losing loved ones in the fighting, and reasserts his claim that the war "would not have happened" under his presidency.

    The US president did not mention the natural resources deal that his administration has just signed off with Ukraine - but we'll bring you the key lines if he does.

    You can watch Trump's address at the White House by clicking Watch Live at the top of this page.

  4. Zelensky: US-Ukraine deal 'truly equal'published at 17:49 British Summer Time 1 May
    Breaking

    Ukrainian President Volodymyr Zelensky says the US-Ukraine resources deal is a "truly equal" agreement, and it is a result of his Vatican meeting with Trump at Pope Francis's funeral last week.

    The Ukrainian president says the agreement has "changed significantly" over negotiations, adding that it will open the way for the modernisation of industries in Ukraine.

  5. Ukraine's military denies civilian attack in Khersonpublished at 17:38 British Summer Time 1 May

    As Trump speaks outside the White House, we can bring you the latest from the war in Ukraine.

    Earlier, we reported that the Russian-installed governor of Oleshky said a Ukrainian strike on a market had killed seven people and injured 20 others this morning.

    Ukraine's military has since confirmed it carried out an attack in the Kherson region but says it killed only military personnel.

    Ruslan Mykhailevskyi, an officer of the Kherson Defence Forces, has told Ukraine's public broadcaster that the drone strike attacked four Russian soldiers. The forces have also released a video which purports to show the attack on Russian troops.

    The BBC has not independently verified this footage.

  6. Who is National Security Advisor Mike Waltz?published at 17:29 British Summer Time 1 May

    US National Security Advisor Michael Waltz sits during a press briefingImage source, Getty Images

    As Trump speaks outside the White House, the BBC's US partner CBS reports Michael Waltz, US National Security Advisor, is set to leave his post.

    Trump chose Waltz as his adviser, having previously called him "a nationally recognized leader in national security" and an "expert on the threats posed by China, Russia, Iran, and global terrorism".

    As national security advisor, he had been heavily involved in Middle East policy and the Russia-Ukraine war.

    He was also at the centre of one of the Trump administration's biggest blunders - inadvertently adding the senior editor of The Atlantic magazine to a group chat on Signal that discussed details of airstrikes in Yemen.

    The fallout - from what's been dubbed "Signalgate" - led to bipartisan calls for accountability.

    In the wake of the incident, Waltz told Fox News: "I take full responsibility. I built the group."

    Defending Waltz against growing calls for his resignation, Trump later told NBC News: "Michael Waltz has learned a lesson, and he’s a good man." However, that support appears to have waned.

    • Follow our live coverage on the reports that US national security advisor, Mike Waltz, is set to leave his post here
  7. Trump speaking outside White Housepublished at 17:09 British Summer Time 1 May

    Donald Trump behind podium, speaking to group of officials, who are standing and clapping in the sunshine.Image source, Reuters

    US President Trump is now speaking outside of the White House as he hosts a National Day of Prayer event.

    We'll bring you the key lines as we get them and you can follow by clicking Watch Live at the top of this page.

  8. US has 'skin in the game' after Ukraine deal, White House tells Russiapublished at 16:54 British Summer Time 1 May

    White HouseImage source, Getty Images

    As we wait to hear from US President Donald Trump, we can bring you some details released from the White House in a fact sheet on the resources deal.

    "This partnership sends a strong message to Russia - the United States has skin in the game and is committed to Ukraine's long-term success," the fact sheet reads.

    Here are some other key takeaways:

    • The "fully collaborative partnership" hopes to secure "a free, peaceful and sovereign future for Ukraine," the White House says
    • A fund will receive 50% of royalties and license fees from natural resource projects in Ukraine
    • This money will then be "invested in new projects in Ukraine" - the White House says this will bring "long-term returns" for Americans and Ukrainians
    • The partnership will be controlled "by a company with equal representation of three Ukrainian and three American board members" who will "work together" to allocate resources
    • As for the natural resources themselves, these include "minerals, hydrocarbons, and related infrastructure development"
  9. Trump to speak at White House soonpublished at 16:45 British Summer Time 1 May

    Exterior shot of White House garden, rows of seats filled by people.Image source, White House/YouTube

    We are expecting to hear from US President Donald Trump outside of the White House shortly, as he hosts a National Day of Prayer event in Washington.

    It is unclear whether he will address the US-Ukraine resources deal. If he does, we'll bring you the key lines and you can follow by clicking Watch Live at the top of this page.

  10. More value in resources deal if peace secured quickly - US officialspublished at 16:32 British Summer Time 1 May

    Bernd Debusmann Jr
    Reporting from the White House

    Before US media reported Mike Waltz is set to leave his post, I had finished listening into an extremely technical briefing call at the White House on the US-Ukraine resources deal, hosted by senior administration officials.

    Much of the call focused on the minutiae of the documents finally signed into agreement yesterday, but the officials also said that they see the agreement as "an integral part" of any subsequent peace process.

    Part of the reason, they said, is that "the faster we are able to accomplish the peace process, the more value can be created."

    Regarding the mechanics of the agreement, a senior administration official said that the US will have an "important role" in its governance.

    The official also said that the deal gives the US "certain rights" that US companies will participate in the Ukrainian minerals and resources sector.

    "The way to think about this is that the US has a very significant interest in the Ukrainian gas and resources sector," the official added.

    There were no specific discussion of how yesterday's agreement could alter the course of peace negotiations, or how quickly they believe the deal could become operational.

  11. What has Waltz said on the war in Ukraine?published at 16:22 British Summer Time 1 May

    Marco Rubio stands on the left, wearing a suit and red tie. Mike Waltz stands on the right, wearing a suit and green tie. Rubio is speaking.Image source, Reuters
    Image caption,

    Mike Waltz (right) presented US proposals for a 30-day ceasefire in Ukraine with Secretary of State Marco Rubio (left) in Saudi Arabia in March

    As we've been reporting, US National Security Advisor Mike Waltz is to leave his post, according to the BBC's US partner CBS News.

    Since starting his role in January, Waltz has been a key member of Donald Trump's team on Ukraine.

    In February, he said the White House was "very frustrated" with Volodymyr Zelensky after he levelled "unacceptable" insults at Trump. This came after Zelensky rejected US demands for a share of its rare earth minerals.

    After an explosive row in the Oval Office between Trump and Zelensky in February, Waltz said the US had "taken a step back" when the US suspended intelligence sharing - a move that was later reversed.

    More recently, Waltz was part of the team that travelled to Saudi Arabia, reaching a deal with Ukraine for a 30-day ceasefire, that was later rejected by Russia.

    This morning Waltz said the US-Ukraine natural resources deal was a "momentous step", before urging Russia to "come to the table". Elsewhere, on X, Waltz praised Trump for securing a "huge step toward peace".

    • Our US colleagues have live coverage on the reports that US national security advisor, Mike Waltz, is set to leave his post - you can follow that here
  12. US National Security Advisor Mike Waltz set to leave post - CBSpublished at 15:55 British Summer Time 1 May
    Breaking

    Mike Waltz.Image source, Reuters

    US National Security Advisor Mike Waltz is set to leave his post, according to the BBC's US partner CBS.

    In his role, Waltz has been responsible for dealing with Ukraine and was part of the negotiating party that announced a 30-day ceasefire proposal after talks in Saudi Arabia in March.

    We understand that his deputy Alex Wong will also be leaving. We'll bring you more on this breaking story so stick with us.

  13. Zelensky: 'Ready for negotiations, only after killing stops'published at 15:29 British Summer Time 1 May

    Ukrainian President Volodymyr Zelensky speaks wearing a black top.Image source, EPA

    We can bring you comments from Ukrainian President Volodymyr Zelensky earlier today who said Russia has ignored the US's ceasefire proposal for "over 50 days" and has failed to engage with Ukrainian proposals.

    Zelensky writes that Russia has "responded to all this with new shelling and new assaults" in a post on X - with a video of a residential building in Odesa in flames.

    "That is why a strong push for diplomacy is needed - continued pressure on Russia is essential to force it into silence and negotiations," he says.

    In another post, the Ukrainian president says his country are "ready for negotiations, but only after the killing of our people stops".

  14. White House praises 'historic deal' at briefingpublished at 15:12 British Summer Time 1 May

    U.S. White House Deputy Chief of Staff Stephen Miller and White House Press Secretary Karoline Leavitt stand at a press briefing with a crowd of reporters in front of them, many with their hands up to ask a question.Image source, Reuters

    The White House's press briefing has ended.

    Although the briefing centred on several domestic matters, there were some remarks on the Ukraine resources deal.

    Press Secretary Karoline Leavitt said the deal represents "the United States taking an economic stake" in securing peace in Ukraine. It establishes a "fund that will receive 50% of royalties, license fees and other similar payments from natural resource projects in Ukraine," she added.

    Leavitt praised the "historic" deal, crediting it to "dealmaker-in-chief" Donald Trump.

    Deputy Chief of Staff Stephen Miller said the deal was a "repayment to the United States" for the "hundreds of billions of dollars that our taxpayers suspect subsidised the war". He added that deal will be operationalised "as fast as we possibly can".

  15. Ukraine deal 'repayment' for US aid - US deputy chief of staffpublished at 14:37 British Summer Time 1 May

    Bernd Debusmann Jr
    Reporting from the White House

    US White House Deputy Chief of Staff Stephen Miller speaks next to White House Press Secretary Karoline Leavitt during a press briefing. Miller wears a suit and white shirt, while Leavitt wears a black sleeveless top. Miller stands behind a podium.Image source, Reuters

    At the White House briefing, Deputy Chief of Staff Stephen Miller is asked when the mineral deal would be operational.

    Miller says the deal will be operationalised "as fast as we possibly can".

    Miller then pivots and says the deal is intended to repay "hundreds of billions of dollars that our taxpayers suspect subsidised the war".

    "It is repayment to the United States," Miller adds.

    When asked what leverage the deal gives the US government over Russia, Miller answers that "the president's goal, again, is to end the killing, to achieve a peacebuilding that remains".

    The briefing then moves onto other matters again.

  16. White House: Resources deal means US has stake in securing peace in Ukrainepublished at 14:16 British Summer Time 1 May

    Bernd Debusmann Jr
    Reporting from the White House

    Karoline Leavitt and Stephen Miller giving a White House briefing.

    Within moments of beginning the briefing, White House Press Secretary Karoline Leavitt lauds the US-Ukraine agreement - crediting it to "dealmaker-in-chief" Donald Trump.

    In her opening remarks, Leavitt says that the "first of its kind, historic" partnership will ensure the "long-term economic success of Ukraine" that the United States will "greatly benefit from".

    "This partnership represents the United States taking an economic stake in securing a free, peaceful and sovereign future for Ukraine," she says, adding that it establishes a "fund that will receive 50% of royalties, license fees and other similar payments from natural resource projects in Ukraine".

    Leavitt also says "Trump has been clear from the beginning: he wants the killing to end".

    Her tone, so far, suggests that the White House sees this as one of its most notable achievements when it comes to the Ukraine-Russia war - a positive sign in a process that has left Trump, at times, frustrated.

  17. White House briefing beginspublished at 14:08 British Summer Time 1 May

    The White House's press briefing has begun - the first since the signing of the US-Ukraine resources deal.

    You can follow along by clicking Watch Live above.

  18. White House briefing due to begin after US-Ukraine resources dealpublished at 13:48 British Summer Time 1 May

    Bernd Debusmann Jr
    Reporting from the White House

    A podium at a White House briefing, with the American flag in the background.

    We will shortly hear from Press Secretary Karoline Leavitt and Deputy Chief of Staff Stephen Miller at an early morning news briefing at the White House.

    The theme of today's news conference is "restoring common sense" - likely a reference to the various "culture wars" that the administration has found itself embroiled in since Donald Trump returned to office.

    We are likely, however, to hear at least a few references to the US-Ukraine natural resources deal.

    The deal is largely seen as a "win" for the administration, but there are questions remaining.

    Among the most significant is what impact the White House believes this will have on Russia, and what subsequent steps they plan to take to pressure Russia to coming to the negotiating table in good faith.

    We'll be bringing you live updates from the briefing. In the meantime, you can read seven key takeaways from the agreement and the reaction from some Ukrainians.

  19. 'Russia needs to come to the table', US security director sayspublished at 13:40 British Summer Time 1 May

    Brandon Drenon
    Reporting from Washington DC

    Mike Waltz speaks at a news conference, wearing a suit and tie.Image source, Getty Images

    Michael Waltz, US national security advisor, was asked on Fox News this morning whether the US is "rethinking about continuing talks with Russia".

    Waltz responded: "The process is moving forward. Sometimes it ebbs and flows."

    Waltz called yesterday's minerals deal signing "a momentous step", but said "Russia needs to come to the table".

    "Both sides have to want to stop the fighting, and we think there is, there is still a deal to be had," Waltz said.

  20. What could the US offer Russia?published at 13:36 British Summer Time 1 May

    Olga Robinson
    BBC Verify

    BBC graphic reading: Your Voice, Your BBC News.

    Suzie, a new Ukrainecast listener, asks: Could an economic relationship with the USA, in and of itself, be used as a bargaining chip to incentivise Putin to accept a peace deal?

    Could the Trump administration promise to return American business and tourism - as well as remove sanctions on Russia - in exchange for peace and security in Ukraine? In other words, is Trump giving away valuable leverage for free?

    The Russians are already talking to Steve Witkoff, former property developer, and he is talking to Putin about investment, about projects. There's been talk about the construction of a Trump Tower, possibly, somewhere in Russia.

    These negotiations don't actually mention Ukraine very much, when you read the summaries of what they've been talking about.

    It's almost like the Russians are trying to move the conversation with the US away from Ukraine and a peace deal and more into the transactional sphere of discussions around the prospects of better diplomatic or economic relations.