Washington DC [USA], February 26 (HBTV): Ukrainian President Volodymyr Zelenskyy is likely to travel to the US for a prospective deal that could see Ukraine exchanging its rare earth minerals for USD 350 billion, military equipment, and 'the right to fight on', CNN reported.

Citing a Ukrainian official, the report stated that the terms were agreed upon after 'everything unacceptable was taken out of the text and it is now more clearly spelt out how this agreement will contribute to Ukraine's security and peace'.

Details of the agreement have not yet been disclosed, but a major sticking point had been a demand from the Trump administration for a USD 500 billion share of Ukraine's rare earth minerals and other resources in exchange for the aid the US had already provided to Kyiv. This demand was previously rejected by Zelenskyy.

US President Donald Trump said from the Oval Office on Tuesday, 'I hear that (Zelenskyy is) coming on Friday. Certainly, it's OK with me if he'd like to, and he would like to sign it together with me. And I understand that's a big deal, very big deal.'

Asked what Ukraine would receive in the mineral deal, Trump said: 'USD 350 billion and lots of equipment, military equipment, and the right to fight on.'

Trump told reporters, 'We've pretty much negotiated our deal on rare earth and various other things,' adding, 'We'll be looking to future security for Ukraine later on. I don't think that's going to be a problem.'

Trump further stated, 'I spoke with Russia about it. They didn't seem to have a problem with it. So I think they understand once we do this, they're not going back in.'

The US has not confirmed whether the terms of a deal have been agreed upon.

The US is seeking access to Ukraine's critical minerals and other resources as part of negotiations aimed at ending the war in Ukraine. In return, Ukraine has been pushing for security guarantees and protection against a possible future Russian invasion.

(ANI)