What Trump and Selenskij now agreed – Diepresse.com
The USA and Ukraine signed the agreement to reduce mineral resources. However, an explicit security guarantee is missing in the text.
First Donald Trump and Wolodymyr Selenskij fought in the white house in front of running cameras. Now, two months later, the two of them still agreed. The USA and Ukraine have signed an agreement to reduce Ukrainian raw materials and the reconstruction of the country destroyed by the war.
It stipulates that the United States and Ukraine are setting up a common reconstruction, in whose committees representatives of both sides have the same voting rights. The fund’s profits are only invested in Ukraine. The agreement also states that Ukraine does not have to repay debt for the US billions of billions since the Russian invasion in February 2022.
Ukraine will keep the « full control » over its soil, infrastructure and its natural resources, said the Ukrainian Prime Minister Denys Schmyhal. The Ukrainian parliament still has to agree to the agreement. The agreement stipulates that in the first ten years only mineral, oil and gas projects as well as infrastructure and processing in Ukraine are financed. After that, the profits among the partners should be able to be divided.
Five percent of all mineral resources
« The transfer and the development of technologies are an important part of the agreement, because we not only need investments, but also innovations, » said Ukrainian Minister of Economic Affairs Julija Swrydenko. She added that the agreement did not influence the efforts of Ukraine to integrate into the European Union will have.
Ukraine is extremely rich in mineral resources. There are various estimates in the country around five percent of global mineral resources. According to the French office for geology and mining research, around 20 percent of the global occurrence of graphite, an important raw material, are located in Ukraine, among other things for battery production.
The country is also an important producer of manganese and titanium. According to its own information, Ukraine also has one of the largest lithium deposits in Europe, which has not yet been developed. From Kyiv it says that six occurrence of rare earths are also known. $ 300 million (265 million euros) would have to be invested to open up a occurrence in Nowopoltawske, which is supposed to be one of the largest in the world.
Rare earths such as neodyme, praseodym, cerium or dyprosium have a growing economic importance: it is a number of elements that are used for the production of wind power generators or electric cars.
However, many of the occurrences have not yet been developed – and some are in areas that are currently controlled by the Russian armed forces. Ukraine has explained that every agreement must contain long -term and robust security guarantees that keep Russia from a new attack. According to the text published by the media, however, the only security clause does not contain an obligation for the United States. Even weapons are not mentioned in the agreement. It only means that the United States « supports Ukraine’s efforts for the necessary security guarantees for permanent peace ».
« Signal of Russian leadership »
A statement by the US Ministry of Finance now uses the wording of the « comprehensive invasion » of Russia in Ukraine. So far, the US government has liked to claim that it was a « conflict »-on which Ukraine is largely to blame.
US finance minister Scott Bessent said the agreement shows « that the United States has an economic interest in Ukraine ». It is « a signal to the Russian leadership »-but also to the US citizens. The United States could now get part of the weapons and aid deliveries back as compensation. (APA)
