Ukraine has suspended its joint investment agreement with the US on mineral resources, known as the Resource Agreement. An unnamed source cited strained relations between Zelensky and Trump and a US presidential order to slow negotiations. Key issues include Ukraine's demand for security guarantees and Trump's refusal of direct military commitments.
Russia's Ecology Minister Alexander Kozlov discussed the reintroduction of Amur tigers to Kazakhstan, waste recycling rates, and the exploration of mineral resources in Russia. He also touched upon cooperation with Sudan and tourism with North Korea and Mongolia.
Saudi Arabia will be the guest country at the St. Petersburg International Economic Forum (SPIEF), with Energy Minister Prince Abdulaziz bin Salman Al Saud leading a delegation of around 200 representatives from key ministries, agencies, and companies.
Egypt's Minister of Petroleum, Eng. Tarek El Molla, witnessed the initial signing of a contract for a comprehensive geophysical survey of mineral resources across Egypt. The project, a collaboration between the Mineral Resources and Mining Industries Authority and Spanish company Xcalibur, aims to revitalize the mining sector by providing modern data for investment opportunities.
