> He probably did not expect to be confronted with terms normally imposed on aggressor states defeated in war. They are worse than the financial penalties imposed on Germany and Japan after their defeat in 1945. Both countries were ultimately net recipients of funds from the victorious allies.
Increasingly embarrassed to be American.
sgthombre on
Trump just wants a colonial empire at this point. Canada, Gaza, Ukraine, doesn’t care where. He just wants it.
ctolsen on
> The US will take 50pc of recurring revenues received by Ukraine from extraction of resources, and 50pc of the financial value of “all new licences issued to third parties” for the future monetisation of resources. There will be “a lien on such revenues” in favour of the US. “That clause means ‘pay us first, and then feed your children’,” said one source close to the negotiations.
> It states that “for all future licences, the US will have a right of first refusal for the purchase of exportable minerals”. Washington will have sovereign immunity and acquire near total control over most of Ukraine’s commodity and resource economy. The fund “shall have the exclusive right to establish the method, selection criteria, terms, and conditions” of all future licences and projects. And so forth, in this vein.
What’ll the White House call the department running this, the East Europe Company?
bigwang123 on
the archive link doesnt allow the expansion of the full terms
# TERMS AND CONDITIONS AGREEMENT
# DRAFT AS OF FEBRUARY 7, 2025
WHEREAS the United States of America has provided significant financial and material support to Ukraine since Russia’s invasion of Ukraine in February 2022;
WHEREAS the American people desire to invest alongside Ukraine in a free and secure Ukraine;
WHEREAS the United States of America and Ukraine desire a lasting piece in Ukraine and a durable partnership between their two peoples and governments;
WHEREAS the United States of America and Ukraine wish to ensure that hostile parties to the conflict do not benefit from the reconstruction of Ukraine following a durable peace;
# Other Terms and Conditions
Offtake: For all future licenses, the USG will have a right of first refusal to purchase exportable mineral, which purchase right can be assigned.
Governance of Reconstruction Investment Fund: The Reconstruction Investment Fund shall have the exclusive right to establish the method, selection criteria, terms, and conditions to be used by GOU in awarding and documenting future licenses to extract or otherwise monetize natural resources of Ukraine subject to this Agreement.
Governing Law: This Agreement shall be governed by New York law, without regard to conflict of laws principles.
Dispute Settlement: International Chamber of Commerce rules; 3 arbitrators (one selected by each disputing party with a presiding arbitrator selected by consent). Seat of arbitration to be New York and conducted in English.
Duration: Indefinite
Waiver of Sovereign Immunity: GOU to waive sovereign immunity with respect to its liability; also, acknowledge that this arrangement constitutes commercial activity within the meaning of the Foreign Sovereign Immunities Act; also waive immunity with respect to attachment of and execution against assets as necessary to satisfy any claim the USG (or any USG assignee) may have against GOU.
4 Comments
> He probably did not expect to be confronted with terms normally imposed on aggressor states defeated in war. They are worse than the financial penalties imposed on Germany and Japan after their defeat in 1945. Both countries were ultimately net recipients of funds from the victorious allies.
Increasingly embarrassed to be American.
Trump just wants a colonial empire at this point. Canada, Gaza, Ukraine, doesn’t care where. He just wants it.
> The US will take 50pc of recurring revenues received by Ukraine from extraction of resources, and 50pc of the financial value of “all new licences issued to third parties” for the future monetisation of resources. There will be “a lien on such revenues” in favour of the US. “That clause means ‘pay us first, and then feed your children’,” said one source close to the negotiations.
> It states that “for all future licences, the US will have a right of first refusal for the purchase of exportable minerals”. Washington will have sovereign immunity and acquire near total control over most of Ukraine’s commodity and resource economy. The fund “shall have the exclusive right to establish the method, selection criteria, terms, and conditions” of all future licences and projects. And so forth, in this vein.
What’ll the White House call the department running this, the East Europe Company?
the archive link doesnt allow the expansion of the full terms
# TERMS AND CONDITIONS AGREEMENT
# DRAFT AS OF FEBRUARY 7, 2025
WHEREAS the United States of America has provided significant financial and material support to Ukraine since Russia’s invasion of Ukraine in February 2022;
WHEREAS the American people desire to invest alongside Ukraine in a free and secure Ukraine;
WHEREAS the United States of America and Ukraine desire a lasting piece in Ukraine and a durable partnership between their two peoples and governments;
WHEREAS the United States of America and Ukraine wish to ensure that hostile parties to the conflict do not benefit from the reconstruction of Ukraine following a durable peace;
# Other Terms and Conditions
Offtake: For all future licenses, the USG will have a right of first refusal to purchase exportable mineral, which purchase right can be assigned.
Governance of Reconstruction Investment Fund: The Reconstruction Investment Fund shall have the exclusive right to establish the method, selection criteria, terms, and conditions to be used by GOU in awarding and documenting future licenses to extract or otherwise monetize natural resources of Ukraine subject to this Agreement.
Governing Law: This Agreement shall be governed by New York law, without regard to conflict of laws principles.
Dispute Settlement: International Chamber of Commerce rules; 3 arbitrators (one selected by each disputing party with a presiding arbitrator selected by consent). Seat of arbitration to be New York and conducted in English.
Duration: Indefinite
Waiver of Sovereign Immunity: GOU to waive sovereign immunity with respect to its liability; also, acknowledge that this arrangement constitutes commercial activity within the meaning of the Foreign Sovereign Immunities Act; also waive immunity with respect to attachment of and execution against assets as necessary to satisfy any claim the USG (or any USG assignee) may have against GOU.