Displaying items by tag: rare earth resources

Olaf Scholz has criticised Donald Trump’s proposal to make US military aid for Ukraine conditional on access to the country’s rare earth resources, calling it ‘selfish and self-centred’. A Ukrainian source has said that resource-sharing had already been included in Volodymyr Zelensky’s ‘victory plan’, which has been presented to foreign leaders, including Trump. The future of US aid to Ukraine remains uncertain, with military assistance continuing but non-military aid programs frozen under the new administration. Germany is Ukraine’s second-largest military donor; however, Scholz has blocked proposed additional security assistance worth €3 billion unless it is covered by new government borrowing. He has also resisted sending Taurus cruise missiles, citing escalation concerns. As Ukraine seeks continued support, Western nations face internal debates over military aid, economic interests, and the war’s broader implications.