Меню
  • $ 88.17 -0.34
  • 92.55 -0.56
  • ¥ 12.20 -0.02

In the new version of the US fossil deal, a clause on Russian territories has appeared

Ilmenite mine near Kirovograd, Ukraine. Photo: Efrem Lukatsky / AP

The United States puts forward strict requirements in the revised agreement on mineral resources of Ukraine. According to the draft, the Donald Trump administration wants to receive one hundred percent revenues from Ukraine's natural resources, without giving any security guarantees in return. It is reported by The New York Times.

It is noted that some of the terms of the new agreement seem even more stringent than in the previous one.

"Although Ukraine has not completed the deal as of Saturday afternoon, its agreement to the terms would represent a capitulation to American demands after a week of intense pressure from President Trump ... The deal could deprive Ukraine of funds that are now mainly invested in the country's military and defense industry and which can help rebuild the country after the end of the war," — the newspaper writes.

The terms of the new proposal, dated February 21 and reviewed by The New York Times, stipulate that Ukraine must give up half of its revenues from natural resources, including minerals, gas and oil, as well as ports and other infrastructure. A similar requirement was in the previous version of the deal, dated February 14. Four current and former Ukrainian officials, as well as a Ukrainian businessman, to whom the terms of the new proposal were outlined, confirmed that the requirement remained unchanged.

"Ukraine has been putting forward the prospect of partnership with the United States regarding its valuable natural resources in order to convince Trump to provide additional support to its military efforts, as well as guarantees against future Russian aggression in the event of a peace agreement. The new document does not provide for either," the publication emphasizes.

The new document says that the proceeds will be directed to the fund, in which the United States has a 100 percent financial stake, and that Ukraine must contribute to the fund until it reaches $ 500 billion - the amount that Trump demanded in exchange for American assistance.

It is noted that this amount is more than twice the volume of production of Ukraine before the war and that it was not mentioned in the previous version of the deal.

"It is unclear whether Trump is requesting this amount in exchange for past American military and financial assistance, or whether it will also apply to future support," the publication emphasizes.

The new version of the agreement also states that the United States could reinvest part of the proceeds in the post-war reconstruction of Ukraine, including by investing in the development of mineral resources and infrastructure. In addition, the new draft agreement contains provisions on revenues from territories currently controlled by Russia, in case of their liberation: the share of resource revenues to the above-mentioned fund from the liberated territories will be 66%.

"The deal could potentially be completed by the end of the day on Saturday, but it could also be postponed, given Zelensky's previous disagreement with its terms," the article says.

All news

22.02.2025

21.02.2025

Show more news
Aggregators
Information