P. K. Balachandran
Trumps needs Ukrainian and Russian rare earths to make American industries grow in competition with China’s.
Certain elements known as “rare earths” have become critical in the search for a way to end the Russo-Ukrainian war that has been going on for three years without an end in sight.
The unconventional US President, Donald Trump, had thought of a unique way of ending the war – by doing a deal with Ukraine and Russia that would benefit all three parties- Ukraine, Russia and the United States.
Under the deal, the US would be given access to rare earth deposits in Ukraine and Russia in return for trade and economic cooperation that would boost all three economies and, in the process, bring the curtains down on the war, that has been adversely affecting all three countries.
Both Ukraine and Russia have given their nod to discuss the deal. But both have unresolved security issues to be addressed. Trump has not shared his ideas on these security issues so far, though his top officials have indicated what they might be. The officials endorse Russia’s stand which Ukraine has rejected.
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