Publishing the text of Kiev and Washington on minerals

Ukrainian media, citing statements by Ukrainian Prime Minister Dennis Shia, announced the official completion of minerals between the US and Ukraine, detailing the agreement.

The English newspaper Financial Times also reported today that Kiev has reached an agreement with Washington over an agreement in the field of minerals; A agreement that Ukrainian officials hope to improve its relations with US President Donald Trump’s government and provide the basis for a long -term US security commitment.

According to the report, the United States refused its request to receive $ 5 billion of possible income, and as a result, Ukrainian officials said Kiev was ready to sign the agreement to joint development of its mineral resources, including oil and gas. The Ukrainian newspaper report also states that the agreement with the United States includes a key condition of Ukraine, namely the inclusion of security guarantees in the contract.

The Financial Times said that the Ukrainian government is due to announce its official agreement today (Wednesday), reporting that the agreement does not include explicit security guarantees, but Ukrainian officials have insisted that they have achieved better conditions than the original text and that the deal was a step towards expanding the United States. Paragraph 10 of the agreement reads: “The US government supports Ukraine’s efforts to achieve security guarantees needed to create sustainable peace.”

“The mineral agreement is only part of the story,” said Stefanishina, deputy prime minister and Ukrainian minister who led the negotiations. “We have heard from US officials many times that this agreement is part of a larger image.”

The initial condition of the deal was extremely strict, and Trump had introduced it as a way to repay US military and financial aid since the beginning of the war in year 6; This that aroused the anger of Kiev and other European capitals.

According to the report, the final version of the agreement, which was reached on February 7, requires Ukraine to deposit 5 % of its future revenue from its state -owned mineral resources, including oil and gas and related infrastructure; But in the context of the agreement, it is stated that the current income sources, which are currently part of Ukraine’s public budget revenues, will not be deposited into the fund. The fund can also invest in Ukraine’s domestic projects, but details will be announced in another agreement.

Ukraine has a large underground reserves of crucial minerals, including lithium, graphite, cobalt, titanium and rare earth elements such as Scandium, which are essential for various industries from defense to electric cars.

The deal has no mention of certain security guarantees from the US; What Kiev initially insisted on accepting the agreement. In addition, some important issues, including the US share in the fund and the conditions of “joint ownership”, have been postponed to future agreements.

The Trump administration’s initial plan included a proposal to create a rebuilding investment fund in which the US maintained “5 % of financial interests”. According to the proposal, Ukraine had to provide 5 % of the fund’s revenue from the extraction of mineral resources, including oil and gas and related infrastructure up to $ 5 billion.

According to the Financial Times, the conditions, described by Ukrainian officials unacceptable, have been removed from the final version. The allocation of the fund’s investment in Ukraine is also the change that Kiev was looking for. The text of the new agreement states that the United States will support Ukraine’s economic development in the future.

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