>The US is pushing for a sweeping new deal to control Ukraine’s critical minerals and energy assets, while offering Kyiv no security guarantees in return, in an aggressive expansion of its previous demands.
[…]
>The new draft deal sent to Kyiv on Sunday and seen by the Financial Times goes well beyond an initial joint economic accord hammered out last month, as part of US President Donald Trump’s efforts to end Russia’s invasion of Ukraine and recoup billions of dollars’ worth of military assistance.
Senior Ukrainian officials said the proposal could undermine their nation’s sovereignty, route profits abroad and deepen its dependence on Washington.
[…]
>It would apply to all mineral resources, including oil and gas, and major energy assets across the entire Ukrainian territory.
Washington is demanding that Ukraine and the US set up a supervisory board to oversee a joint investment fund to split the income from Ukraine’s oil, gas and mineral projects between the two countries.
The US would appoint three of the five board members, giving Washington full veto power over the fund.
The draft also says that “the contributions of the United States following the full-scale Russian invasion of Ukraine in 2022” would be “deemed as contributions to the partnership”.
[…]
>Funds generated under the latest proposal would be converted directly into foreign currency and routed abroad, and Ukraine would be liable for compensation in the event of delays or disputes.
>The US would receive royalties from the fund before Ukraine, at a 4 per cent premium, and would retain priority rights on infrastructure projects as well as veto power over third-party sales of resources.
!ping UKRAINE
One_Emergency7679 on
All of that for no security assurances, NATO admission, etc is fucking crazy. Literally selling the country in the hopes that it would serve as protection purely based on American ownership? Trump would obviously just make a deal with Russia if Russia took over said minerals
2 Comments
>The US is pushing for a sweeping new deal to control Ukraine’s critical minerals and energy assets, while offering Kyiv no security guarantees in return, in an aggressive expansion of its previous demands.
[…]
>The new draft deal sent to Kyiv on Sunday and seen by the Financial Times goes well beyond an initial joint economic accord hammered out last month, as part of US President Donald Trump’s efforts to end Russia’s invasion of Ukraine and recoup billions of dollars’ worth of military assistance.
Senior Ukrainian officials said the proposal could undermine their nation’s sovereignty, route profits abroad and deepen its dependence on Washington.
[…]
>It would apply to all mineral resources, including oil and gas, and major energy assets across the entire Ukrainian territory.
Washington is demanding that Ukraine and the US set up a supervisory board to oversee a joint investment fund to split the income from Ukraine’s oil, gas and mineral projects between the two countries.
The US would appoint three of the five board members, giving Washington full veto power over the fund.
The draft also says that “the contributions of the United States following the full-scale Russian invasion of Ukraine in 2022” would be “deemed as contributions to the partnership”.
[…]
>Funds generated under the latest proposal would be converted directly into foreign currency and routed abroad, and Ukraine would be liable for compensation in the event of delays or disputes.
>The US would receive royalties from the fund before Ukraine, at a 4 per cent premium, and would retain priority rights on infrastructure projects as well as veto power over third-party sales of resources.
!ping UKRAINE
All of that for no security assurances, NATO admission, etc is fucking crazy. Literally selling the country in the hopes that it would serve as protection purely based on American ownership? Trump would obviously just make a deal with Russia if Russia took over said minerals