The seven Ukraine -made mineral transactions

Spread the love

Paul Cyrbi, James Fitzgerald and Tom GeoGegan

BBC News

Ghetto images Trump and Zelenski shake hands in the White House after the Ukrainian president got out of his car on his arrival. Trump is dressed in a dark blue suit and a red tie, green -style black -style black clothing.Ghetto images

The US and Ukraine have signed a deal that will give Washington access to some of the natural resources of the war.

Months in the creation, he has created an investment fund that Ukraine hopes to strengthen US assistance as the country struggles to repel Russia three years after the invasion.

The BBC saw a project of the deal, but not the final text. On this basis, public statements on both sides, here are seven key assumes.

There is no Ukrainian retribution to us

Previously, Trump asked Ukraine to pay the aid to $ 350 billion ($ 264 billion), which he claims to have been provided by the United States during the war – a condition that Zelenski rejected.

But it seems that Washington has made a discount. Ukrainian Prime Minister Dennis Schmihal said the agreement did not dictate that his country was paying off any alleged “debt”.

Trump also formed the agreement as a victory for his side, saying his country would return “much more in theory” than the billions provided to Ukraine by his predecessor Joe Biden.

Tighter tone from us to Putin

The language used by the United States in the announcement of the deal is significantly more stringent to Russia than the Trump administration is usually.

A statement from the US Department of Finance refers to a “complete invasion of Russia” and adds that “no country or a person who has funded or provided the Russian military machine will be allowed to benefit from the reconstruction of Ukraine.”

This will Hearten Kyiv, who has asked for more pressure on Russia in negotiations between Moscow and Washington, discussing the eventual termination of fire.

Watch: US Sign Historical Resources Dealing with Ukraine says Scott Besent

Oil and gas included with minerals

Despite the fact that much of the conversations surrounding the deal refers to the mineral wealth of Ukraine, the agreement also includes provisions for new oil and gas projects and related infrastructure.

In any case, resources remain in Ukrainian property, although the United States will gain joint access.

This is seen as a softening of the Ukrainian position as it was not in the more draft drafts of the deal.

No obstacles to EU ambitions of Kyiv

Ukraine has long been striving to join the European Union and the accession negotiations officially began last June.

Kyiv has some fears that the resource deal can prevent Ukraine’s ability to join the EU if it gives preferential treatment to US investors, as Kiev and Brussels already have a strategic partnership for raw materials.

But in the text of the deal it is that the United States acknowledges Ukraine’s intention to join the EU and the need for this agreement not to contradict it.

He also says that if Ukraine has to review the terms of the transaction due to “additional obligations” as part of the EU accession, then the US agrees to negotiate in good faith.

Kyiv also says the US will support additional transfers of investment and technology in Ukraine, including from the EU and elsewhere.

US military commitment back to the table …

The United States has identified the deal as essential that it must sign if Ukraine has to continue to receive its military assistance.

The Ukrainian First Deputy Minister Julia Slovidenko – who flew to Washington to sign the deal – said it was planning the United States, which contribute to new aid in the future, such as air defense systems.

This would also note a change in the Trump strategy – which seeks to eliminate military support for Ukraine after returning to the White House.

One exceptional question is what will mean the agreement on the state of war. The Kremlin has not yet responded to the agreement.

… but we can still move away anytime

There seems to be no specific security guarantees from the US, which is something that Ukraine and Europe have long pushed the White House to provide.

Trump has long been wanting to give the same military commitment that Biden had given.

Instead, his interest in remaining the course with the support of the United States for Ukraine is more impending because of the economic commitments specified in this transaction.

This means that there will still be instability regarding the commitment of Ukraine’s most important ally.

The profits to be reinvented in Ukraine?

An intriguing moment, emphasized by the Ukraine government, is that for the first decade of the Investment Fund for reconstruction, the profits will be “fully reinvented in the Ukrainian economy” or in new projects, or in the reconstruction.

This can be potentially significant if there is no financial benefit to the United States for 10 years.

However, it seems that this provision is not in the agreement signed in Washington, although it may later be part of an additional “technical” deal.

After this initial 10-year period, Kyiv says that profits can be distributed to partners.

US Department of Finance Secretary Scott Bensten told Fox News late Wednesday that the deal is a signal to the American people that “we have a chance to participate, to receive some of the financing and weapons, to compensate for them and to be partners with the success of the people of Ukraine.”

A map shows the locations of critical mineral deposits, which are thought to be strewn through Ukraine-inclusively titanium and zirconium in large spots in central areas, smaller graffiti areas in central areas, rare lands in the northwest of southeast and lithium in some limited central districts

Leave a Reply

Your email address will not be published. Required fields are marked *