According to The Financial Times, Ukraine has approved a mineral agreement with the United States.
20: 36 • Updated 21:17
According to The Financial Times Ukraine has approved a mineral agreement with the United States.
According to FT, Ukraine reached agreement after the United States abandoned its most toughest demands.
The source of the FT news is anonymously commented on the “Ukrainian authorities”.
The US-Ukraine Mineral Agreement provides the United States with the opportunity to utilize critical raw materials in Ukraine’s soil within a variety of business.
It is noteworthy that the agreement seen by the FT does not include a mention of US security guarantees to Ukraine. The Ukrainians would have liked to include something in the agreement that would have guaranteed US commitment to the integrity of Ukraine.
According to FT, the United States had demanded the right to about $ 500 billion of potential income from minerals, oil and gas.
However, the Ukrainian authorities say to FT that they have negotiated a “much more favorable agreement” with the United States. The Agreement seen by FT is no longer the US 500 billion requirement.
In addition, Ukraine has received its will in that the fund has to invest its funds in Ukraine. According to the agreement, the United States will support the economic development of Ukraine.
The Ukrainians hope this means that the US interests will aim for the country’s stability and safety.
According to the finished version of the Mineral Convention on yesterday, the parties set up a fund in which Ukraine invests half of the “future multi -sided” of their natural resources. The Foundation would invest its funds in transactions in Ukraine.
The agreement will also leave the US share in the fund to be established. In addition, the terms and conditions of the business of “joint ownership” will be submitted to future contracts.
Originally proposed by President Trump’s administration, the Ukrainian rebuilding investment fund, “100 % in line with US economic interests, was required.
Ukraine would have offered 50 % of the Foundation’s funds through mining, oil and gas trade and infrastructure projects.
These conditions are no longer in the new agreement.
Deputy Prime Minister of Ukraine interviewed by FT Oljha Stefanishyna According to the US, “Minerals are only part of a big picture”.
Ukraine and Westerners have hoped that the agreement would translate the president Donald Trump More favorable than Ukraine.
The news is updated.