Rubio says minerals deal will give U.S. ‘vested interest’ in Ukraine security

U.S. Secretary of State Marco Rubio speaks to the media during a refueling stop at Shannon Airport in Shannon, Ireland, on Wednesday, March 12, 2025.
| Photo Credit: AP

Secretary of State Marco Rubio said Wednesday (March 12, 2025) that an expected minerals deal would give the United States a “vested interest” in Ukraine’s security, although he stopped short again of promising formal guarantees.

“I wouldn’t couch it as a security guarantee, but certainly, if the United States has a vested economic interest that’s generating revenue for our people as well as for the people of Ukraine, we’d have a vested interest in protecting it,” Mr. Rubio told reporters.

“Certainly one of the things that provides for Ukraine’s long-term prosperity and security is vibrant economic growth and development,” he said on a refuelling stop in Ireland after a trip to Saudi Arabia.

A growing economy “gives them a tremendous amount of leverage and power and the ability to fund their own defences,” he said.

Ukrainian officials agreed in talks with Mr. Rubio and President Donald Trump’s national security advisor Mike Waltz in Jeddah on Tuesday (March 11, 2025) to back a 30-day ceasefire if Russia follows suit.

The two sides also agreed to sign as soon as possible a minerals deal giving the United States access to Ukraine’s natural wealth.

The deal went unsigned after a disastrous White House meeting on February 28 between Mr. Trump and President Volodymyr Zelenskyy.

Mr. Rubio said that the United States was initiating contact with Russia on Wednesday (March 12, 2025) and was gauging its response.

“That’s what we want to know — if they’re prepared to do it unconditionally,” Mr. Rubio said of the Russian response.

“If the response is, ‘yes’, then we know we’ve made real progress, and there’s a real chance of peace. If their response is ‘no’, it would be highly unfortunate, and it’ll make their intentions clear.”

Mr. Trump has sharply shifted the U.S. stance by negotiating with Russia and demanding concessions from Ukraine, stunning European allies.

Ukraine has called for more diplomatic involvement from European allies. Asked about the issue, Mr. Rubio backed European participation, but tied it to Russia’s eventual demands to lift European sanctions that were imposed in coordination with the United States.

“I think that the issue of European sanctions is going to be on the table, not to mention what happens with the frozen (Russian) assets and the like,” Mr. Rubio said.

“I think it’s self-evident that for there to be a peace in Ukraine, at the end of that process, there’s going to have to be some decision made about what they’re going to do with these sanctions and so forth,” he said.

“That’s why I think they have to be necessarily involved in this regard. Now, whether they’re involved at the front end of it or at the back end of it, it’ll have to play itself out,” he said.