This bilateral agreement establishes a U.S.-Ukraine Reconstruction Investment Fund, with both governments contributing equally to the fund’s equity. Ukraine will contribute 50% of revenues from future monetization of its natural resources, while the U.S. offers a long-term financial commitment. A subsequent Fund Agreement, requiring Ukrainian parliamentary ratification, will detail governance, investment strategies, and distribution terms. The agreement emphasizes preventing those who acted adversely to Ukraine from profiting from reconstruction efforts and protecting mutual investments.
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Despite Ukrainian President Zelenskyy’s refusal of two draft agreements demanding $500 billion in compensation—including mineral, oil, and gas revenues—for US support against Russia, former President Trump claims a final deal is imminent. This deal would reportedly grant the US access to Ukraine’s substantial mineral reserves, including rare earths. Zelenskyy firmly rejected the initial proposals, citing the exorbitant and intergenerational cost. Trump, however, maintains the agreement will be mutually beneficial.
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Ukraine’s firm rejection of a US demand for a staggering $500 billion fund tied to a minerals deal underscores a deep chasm in trust and understanding between the two nations. This isn’t just about money; it’s about sovereignty and the very nature of international relations. The proposed deal, framed by some as a lucrative opportunity, is viewed by Ukraine as a blatant attempt at economic coercion, a direct violation of the spirit – and perhaps the letter – of the Budapest Memorandum on Security Assurances. This agreement, signed in 1994, specifically pledged that the US, UK and Russia would refrain from using economic pressure to influence Ukraine’s sovereign decisions.… Continue reading
President Zelensky rejected a U.S. proposal to cede half of Ukraine’s future mineral reserves in exchange for unspecified support. Ukrainian officials confirmed negotiations are ongoing, emphasizing a need for stronger security assurances from Western allies. Zelensky maintains Ukraine seeks a mutually beneficial partnership for resource development, not outright relinquishment of its assets. Discussions continue to address outstanding details and ensure equitable terms for resource extraction.
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John Q. Hosedrinker 
Matt Underwood