On February 26, according to the Financial Times, Ukraine has reached an agreement with Washington on a minerals deal that Ukrainian officials hope will improve relations with the Trump administration and pave the way for long-term U.S. security commitments. Ukrainian officials said the Ukrainian government is now ready to sign an agreement to jointly develop its mineral resources, including oil and gas, after the United States dropped its demand for $500 billion in potential revenue from exploiting them. Officials argued they negotiated more favorable terms and described the deal as a way to expand relations with the United States to boost Ukraine's prospects after three years of conflict. According to the final version of the agreement, Ukraine is understood to have set up a fund that will invest 50 per cent of the proceeds from the "future monetisation" of state-owned mineral resources, including oil and gas, and related logistics. The fund will invest in projects in Ukraine. Officials said Mr. Zelensky was likely to travel to the White House in the coming weeks for a signing ceremony with Mr. Trump.