February 24, 2025 at 04:24PM
Axios is reporting that a deal with US and Ukraine is close:
U.S.-Ukraine Minerals Agreement: Nearing a deal worth hundreds of billions of dollars, focused on economic investment and Ukraine’s sovereignty.
U.S. Perspective: Trump administration sees it as a way to recoup U.S. investment in Ukraine.
Ukraine’s View: Officials hope the deal will stabilize relations with the U.S. and ensure long-term support.
Reconstruction Investment Fund:
Co-managed by the U.S. and Ukraine.
Designed to attract investments in infrastructure, mining, and ports.
Allows the U.S. to recoup expenditures related to Ukraine’s defense and recovery.
Zelensky’s Position:
Rejected initial U.S. demand for $500 billion from Ukraine’s minerals.
Insists that aid should not be considered debt.
Wants U.S. military support included in the agreement.
Financial Terms:
Ukraine must contribute double the U.S. investment to the fund.
50% of revenues from extractable materials (minerals, oil, gas) will be allocated to the fund.
Key Omission: The draft does not specify any U.S. military commitment to Ukraine’s defense.
This article was written by Greg Michalowski at www.forexlive.com.