Ukraine will seek amendments to the new draft mineral agreement proposed by US President Donald Trump, Bloomberg sources report. In particular, Kyiv wants to include in the deal a commitment to increase US investments. Ukrainian authorities believe that signing the agreement in its current form will not only undermine the country’s efforts to join the EU, but will also require reimbursement of all military and economic support provided by the United States since the beginning of the war. Ukrainian President Volodymyr Zelenskyy emphasized that the aid was not loaned and he is not going to recognize it as such.
The current version of the agreement stipulates that the US will gain control over future investments in Ukraine’s mineral development, including oil and gas, as well as the country’s major energy assets. In addition, the deal covers infrastructure related to the exploitation of natural resources: roads, railroads, pipelines, ports and processing plants, the Financial Times wrote. Also, the US wants to be the first to claim the profits that will go into the joint investment fund. Ukraine should transfer to it 50 percent of revenues from new infrastructure and natural resource development projects.
