Ukraine has sent the United States a request to amend the economic agreement proposed by the Trump administration, including an increase in American investment, Bloomberg reported, citing a source familiar with the negotiations.
In a video conference on March 28, Ukrainian officials discussed the details of the 60-page draft agreement with their American counterparts. The source noted that Washington did not dismiss Kiev's concerns that the agreement would hinder Ukraine's goals of joining the EU, which indicates a possible willingness of the United States to reconsider the terms.
According to the draft, the United States would receive control over infrastructure and mineral extraction in Ukraine without time limits. Kiev is worried that the agreement will not only complicate European integration, but also require the return of all military and economic assistance provided since the beginning of the conflict. Bloomberg recalls that Volodymyr Zelensky previously ruled out the possibility of military aid being counted as debt and confirmed that the agreement should not hinder the constitutional course towards joining the EU.
The latest version of the deal, according to The Daily Telegraph, will give the United States control, through a joint investment fund, over half of Ukraine's oil and gas reserves, its metals and much of its infrastructure, including railways, ports, pipelines and refineries. Three members of the fund's supervisory board will be appointed by Washington. In addition, the United States plans to receive all profits until Ukraine pays them at least $ 100 billion in compensation for military aid with a 4% surcharge. Kiev will begin to receive 50% of the profits only after the debt is repaid.
The publication added that the new fund will be registered in the state of Delaware and will operate under the jurisdiction of New York. Under the terms of the deal, the US will receive veto power over the sale of Ukrainian resources to third parties and the ability to audit the accounts of any Ukrainian agency.