The U.S. Treasury Secretary Scott Bessent has confirmed that a Ukrainian delegation is expected to arrive in the United States by the end of this week or early next week to sign a revised version of the resource agreement.

After media reports emerged about a new version, Ukrainian President Volodymyr Zelensky stated he would delay his visit until clear terms are established, which he claims are "constantly changing."

On Wednesday, Bessent told Bloomberg that the Ukrainian team likely hired a lawyer and that the new version of the agreement, which now includes revenues from both private and public sectors, is essentially the same as previously agreed upon.

"I think the team from Ukraine could come to us by the end of this week or the beginning of next week. I believe they have already hired a lawyer," said Bessent, adding, "We are set to sign a four-page agreement."

He recalled the notorious meeting at the White House on February 28 between Zelensky and Trump, stating that the new version is merely a continuation of previous arrangements.

Revised Agreement

Reportedly, the U.S. has demanded more resources and revenues than were outlined in previous agreements, with conditions such as veto rights for American officials, raising concerns in Kyiv.

Kyiv is looking to amend the new draft agreement to secure more American investments, while the Trump administration is reportedly open to discussing adjustments to certain parts of the agreement considering Kyiv's economic interests.

According to Ukrainian MP Yaroslav Zheleznyak and foreign media outlets like the Financial Times and Reuters that have obtained copies of the new draft, changes have been made in the following points:

Scope of the Agreement – previous versions stipulated 50% of revenues from oil, gas, and mineral extraction in Ukraine, but the new version includes a broader range of minerals and all earnings from both public and private sectors.

Payment Terms – under the new agreement, revenues must be converted into foreign currency immediately upon extraction and directed toward repaying U.S. aid to Ukraine, plus 4% annual interest. The U.S. also retains priority on all resources. Ukraine will only gain access to fund profits after debts are settled.

Indefinite Duration – the agreement's term is not defined and can be changed unilaterally by the United States.

Joint Fund Management – earlier drafts suggested a joint investment fund would manage the fund, but the new version stipulates that a five-member board will oversee it, with three members appointed by the U.S. who hold veto power.

The new version also lacks any mention of security guarantees, a key provision insisted upon by Kyiv. Trump previously claimed that U.S. economic interests in Ukraine should act as a deterrent against future aggressions.

However, significant U.S. investments in Ukraine did not prevent Moscow's invasion in 2022.