> The final version of the agreement, dated February 24 and seen by the FT, would establish a fund into which Ukraine would contribute 50 per cent of proceeds from the “future monetisation” of state-owned mineral resources, including oil and gas, and associated logistics. The fund would invest in projects in Ukraine.
> It excludes mineral resources that already contribute to Ukrainian government coffers, meaning it would not cover the existing activities of Naftogaz or Ukrnafta, Ukraine’s largest gas and oil producers.
> However, the agreement omits any reference to US security guarantees which Kyiv had originally insisted on in return for agreeing to the deal. It also leaves crucial questions such as the size of the US stake in the fund and the terms of “joint ownership” deals to be hashed out in follow-up agreements. […]
> The mandate for the fund to invest in Ukraine is a further change Kyiv had sought. The document states the US will back Ukraine’s economic development into the future.
So we went from “give me $500bn” to “Ukraine has to invest in Ukraine and the US will support it”. Sounds great as a goodwill agreement for Ukraine, and Trump got nothing.
>However, the agreement omits any reference to US security guarantees which Kyiv had originally insisted on in return for agreeing to the deal. It also leaves crucial questions such as the size of the US stake in the fund and the terms of “joint ownership” deals to be hashed out in follow-up agreements.
Makes sense from Kyiv’s perspective. At this point they just needed a deal to show Trump they are constructive. Trump loves his deals and you don’t give that much up as Ukraine. You don’t gain anything either, but at this point you needed to end this saga without a breakdown in US-Ukraine relations
79792348978 on
What is stopping Putin from promising Trump he will honor all the economic agreements in this deal after regrouping and reinvading?
Jukervic on
I wonder if there’ll be any real change in Trumps attitude here. Kinda doubt it but it’s worth a shot I guess
ElonIsMyDaddy420 on
Yet another example of Trump’s policies being more bark than bite.
6 Comments
> The final version of the agreement, dated February 24 and seen by the FT, would establish a fund into which Ukraine would contribute 50 per cent of proceeds from the “future monetisation” of state-owned mineral resources, including oil and gas, and associated logistics. The fund would invest in projects in Ukraine.
> It excludes mineral resources that already contribute to Ukrainian government coffers, meaning it would not cover the existing activities of Naftogaz or Ukrnafta, Ukraine’s largest gas and oil producers.
> However, the agreement omits any reference to US security guarantees which Kyiv had originally insisted on in return for agreeing to the deal. It also leaves crucial questions such as the size of the US stake in the fund and the terms of “joint ownership” deals to be hashed out in follow-up agreements. […]
> The mandate for the fund to invest in Ukraine is a further change Kyiv had sought. The document states the US will back Ukraine’s economic development into the future.
So we went from “give me $500bn” to “Ukraine has to invest in Ukraine and the US will support it”. Sounds great as a goodwill agreement for Ukraine, and Trump got nothing.
Read here —-> [https://archive.ph/968bf](https://archive.ph/968bf)
>However, the agreement omits any reference to US security guarantees which Kyiv had originally insisted on in return for agreeing to the deal. It also leaves crucial questions such as the size of the US stake in the fund and the terms of “joint ownership” deals to be hashed out in follow-up agreements.
Makes sense from Kyiv’s perspective. At this point they just needed a deal to show Trump they are constructive. Trump loves his deals and you don’t give that much up as Ukraine. You don’t gain anything either, but at this point you needed to end this saga without a breakdown in US-Ukraine relations
What is stopping Putin from promising Trump he will honor all the economic agreements in this deal after regrouping and reinvading?
I wonder if there’ll be any real change in Trumps attitude here. Kinda doubt it but it’s worth a shot I guess
Yet another example of Trump’s policies being more bark than bite.