President Trump reportedly demanded half of Ukraine's revenue from natural resources, ports and infrastructure in reparations for the billions of dollars that the US contributed to Kiev's war efforts.
Demand included in the draft contract for the “reconstruction of Ukraine” that reached Ukrainian President Voldy Mirzelensky's desk last week caused “surprise and panic” in Kiev. Telecommunications.
The “Privilege and Confidential” document calls for the US to maintain an indefinite 50% stake in many of the economic activities of war-torn nations through the creation of a co-investment fund. The outlet reported on Monday, benefiting from reconstruction in Ukraine.
The proposed contract covers “economic values” related to Ukraine's vast natural resources, including “mineral resources, oil and gas resources, ports and other infrastructure (according).”
Under the terms of the transaction, the US will acquire 50% of the recurring revenues Ukraine has obtained from the extraction and 50% of “all new licenses issued to third parties” in perpetual.
The United States also has the right to hold a “lien” on revenue from new licenses and to initially refuse “purchases of exportable minerals.”
The memo notes that contracts are “controlled by New York State law, regardless of the principles of law.”
The agreement will provide Washington's sovereign immunity and provide practically complete control of Ukraine's commodity and resource economy.
It appears to far exceed Trump's previous demand for $500 billion worth of rare earth minerals as a payment for the military aid that Washington provided Kiev.
Earlier this month, Zelensky signaled to support mutual resource transactions with the United States in exchange for security assurances as part of a potential peace settlement.
Trump, 78, told Fox News last week that he “essentially agreed” to make the US accessible to $50 trillion in rare earth minerals considered essential to US national security. He said.
“They have very valuable land in terms of rare earth [minerals]from an oil and gas perspective, and from another perspective. We're spending hundreds of millions of dollars, so we want to secure our money [in Ukraine]Trump told Fox News' Special Report host Brett Baier in an interview ahead of last week's Super Bowl.
The president argues that the US should have access to Ukraine's natural resources, regardless of whether a peace agreement between Russia and the former Soviet state can be successfully negotiated, and that the US should have access to what other countries have. It contributed to war efforts that it claimed to have provided to the Ukrainian dwarfs.
“They may trade. They may not trade. They may one day be Russian, or they may not be Russian one day. But we have to say that all of this I have money [Ukraine] And I say I want to get it back,” Trump said.
According to The Telegraph, the draft reconstruction agreement will see more as a percentage of GDP Germany paid in reparations after World War I than more money as a percentage of GDP.
The White House and the State Department did not immediately respond to a post office request for comment.
