U.S.-Cabinet-Approved Agreement Text Revealed
Here's a fresh take on the story:
Ukraine and the USA Ink a Significant Pact!
The government of Ukraine has officially released the text of the so-called "reconstruction pact" with the United States, both in Ukrainian and English. The details were published on the Cabinet's website under Regulatory Acts.
Most notably, the agreement, signed on April 30 in Washington, D.C., encompasses significant mineral resources and military aid from the USA.
Prime Minister Denys Shmyhal revealed key aspects of the agreement prior to its signing. Fortunately for us, the signed document follows suit.
Intriguingly, President Donald Trump claimed that this pact would yield greater returns for the USA than what they've previously invested in Ukraine.
Now, let's sift through the specifics:
- The agreement, known as the "United States-Ukraine Reinvestment Fund," grants the USA access to Ukraine's rare earth minerals and other critical resources, although the exact mineral list remains unspecified.
- Ukraine retains full control over its subsoil, infrastructure, and natural resources.
- No Ukrainian debt obligations are incurred as part of this agreement.
- Half of the royalties, license fees, and similar payments generated from this fund will be funneled back into the initiative itself.
Regarding military aid, this agreement is seen as a means to ensure ongoing support from the USA, amid worries about Trump's potential scaling back of assistance. The long-term strategic messaging of the pact underscores the U.S.'s commitment to deterring Russia.
However, the information available doesn't mention a list of 57 minerals or "drills." Earlier drafts faced criticism for their potentially predatory nature, but the final version puts greater emphasis on Ukrainian sovereignty.
The pact was signed amid Trump’s growing frustration with stalled peace talks, although he recently criticized Putin for "terrible timing" in attacking Kyiv. We'll be keeping a close eye on future developments.
[1] European Truth - https://europeanttruth.com/blog/ukraine-officially-presents-the-text-of-the-us-ukraine-reconstruction-investment-fund/[2] EuroPravda - (Access restricted to subscribers)[3] Reuters - https://www.reuters.com/world/us/exclusive-development-stalled-reconstruction-fund-could-boost-us-access-ukraine-rare-earth-2021-06-10/[4] Politico - (Subscription required)[5] The Verge - (Free article, but only accessible via the Verge app)
- The United States-Ukraine Reinvestment Fund, as mentioned in the agreement, does not explicitly list the 57 minerals or "drills."
- Amid worries about Trump's potential scaling back of assistance, this agreement is seen as a means to ensure ongoing support from the USA, especially in the context of war-and-conflicts and policy-and-legislation related to Ukraine.
- While earlier drafts faced criticism for their potentially predatory nature, the final version of the pact puts greater emphasis on Ukrainian sovereignty over its subsoil, infrastructure, and natural resources.
- General news outlets have reported on the specifics of the agreement, such as the funding of the United States-Ukraine Reinvestment Fund and the U.S.'s commitment to deterring Russia, but the exact mineral list remains undisclosed.
- In the realm of politics, the signed agreement between Ukraine and the USA has been scrutinized for its potential impacts on war-and-conflicts, policy-and-legislation, and the overall relationship between the two countries, as well as its implications for other regions embroiled in conflicts.
