German Chancellor Olaf Scholz opposes former U.S. President Donald Trump’s request for Ukrainian rare earth mining rights as a prerequisite for military funding because he finds it both selfish and self-serving. After addressing a campaign stop in Leipzig Chancellor Olaf Scholz delivered his statements to the public.
Global technology relies heavily on rare earth metals because this strategic resource powers essential products starting from electric vehicles to missiles. In a recent statement Trump asked Ukraine to provide access to its rare earth mineral deposits when receiving hundreds of billions of dollars from the United States. They have great rare earth. I demand that Germany establishes control over the rare earth resources.
Scholz rejected the plan by condemning the idea of demanding payment from Ukraine during its military conflict. We offer Ukraine unconditioned help because it faces an active attack even though we do not seek compensation. He declared to the RND media group that securing U.S. aid should be the position of every person. According to him the funds currently dedicated to defense and post-war reconstruction in Ukraine need to remain untouched.
During an EU summit in Brussels the German leader rejected Trump’s proposal of Economy by describing it as “very selfish.” During his May 12 meeting with Zelenskyy Ukrainian President Volodymyr Zelenskyy showed willingness to let America invest in Ukraine’s rare earth sector for economic development reasons.
Germany’s Chancellor Helmut Scholz uses his rejection to highlight the increasing apprehension about conditional international assistance in regions affected by conflicts. Rare earths in Ukraine will become a subject of heated discussion because various world powers pursue control of these essential minerals.
