#Ukraine says #mineral deal not final; summary shows #US demands more income
The latest U.S. proposal would require Kyiv to send Washington ALL profit from a fund controlling Ukrainian #resources until Ukraine had *repaid* all American wartime #aid, PLUS INTEREST, according to the summary, reviewed by Reuters.
#extortion #MafiaState #geopolitics #Trump #StandWithUkraine
https://www.reuters.com/world/europe/putin-suggests-temporary-administration-ukraine-end-war-2025-03-28/
The #Trump admin, which has reoriented Washington's policy towards endorsing #Russia's narrative about the #war in #Ukraine, has been pressing Kyiv for weeks to sign a deal giving Washington a stake in Ukraine's #resources.
#Zelensky has repeatedly said he accepts the idea, although he would not sign an agreement that would impoverish his country. On Thurs he said Washington was constantly changing the terms but that he did not want the US to think he was opposed in principle.
3 people familiar…said the US had revised its proposals. The latest draft gives #Ukraine NO future #security guarantees & requires it to contribute to a joint investment fund ALL income from the use of #NaturalResources managed by state & private enterprises.
…It stipulates that Washington is given first rights to purchase extracted resources & *recoup* all the money it has given Ukraine since 2022, +INTEREST at a 4% annual rate, before Ukraine gains access to the fund's profits.
…An earlier version of the deal, which #Ukraine agreed to in principle before #Zelensky visited the White House last month, had terms that appeared more favourable to Ukraine. It proposed a joint investment fund w/Ukraine contributing 50% of proceeds from future profits of state-owned natural resources.
Zelensky’s visit on Feb 28 ended w/ #Trump berating him in the Oval Office, later followed by several days during which Washington suspended all intelligence support & military #aid to Ukraine.
#Treasury Secy #ScottBessent has been spearheading negotiations on the mineral deal. In an interview…, he said the #US had "passed along a completed document for the economic partnership….”
#Trump has said a #minerals deal will help secure a peace agreement by giving the United States a financial stake in Ukraine's future. He also sees it as America's way of earning back…[the #aid] it has given to #Ukraine…. Most of the aid funds were spent in the US.
@Nonilex
Trump's negotion tactic his whole life. He considers "making a deal" in business to be the same as "grab them by the pussy" or rape them in a dressing room.
@Nonilex No agreement on this war can be fair unless it includes reparations from Russia for the invasion.
I hate that man with such a depth of fury, I cannot believe we are here...
@Nonilex I don't know about America but I for one have had enough of this wannabe dictator.
@Nonilex Scott Bessent is turning out to be one of the most evil lying bastards in this fascist administration. That’s a high bar too. Do not sign any deals with these scumbags. Most of the funds were spent in the US. Why do they always ignore that fact?