India, March 21 -- US President Donald Trump on Thursday announced that he would be 'very shortly' signing a minerals and natural resources deal with Ukraine that would give the US a partial share of the profits from future resource extraction.

This month, Ukraine and the US announced they would swiftly finalise a comprehensive agreement to develop Ukraine's critical mineral resources, which Donald Trump views as a way for Ukraine to repay the US for its support, according to a Reuters report.

During an event at the White House, Donald Trump said, "We're doing very well with regard to Ukraine and Russia, and one of the things we are doing is signing a deal very shortly with respect to rare earth with Ukraine. They have tremendous value ...