USA's new mineral pact with Ukraine sparks sovereignty fears
The USA plans another agreement with Ukraine regarding mineral resources. This could enhance American rights in the country.
What do you need to know?
- The USA is aiming for a new agreement with Ukraine concerning access to mineral resources, which is intended to expand their rights compared to previous proposals.
- Discussions include issues of ownership and control over a joint investment fund and potential U.S. ownership in Ukrainian nuclear power plants.
- Negotiations are causing concern among Ukrainian circles, who fear for the sovereignty of this strategic sector.
What are the USA's plans for Ukraine?
According to the "Financial Times," the United States plans a new agreement with Ukraine to gain access to mineral resources. The aim is to expand American rights compared to earlier proposals, which did not materialise due to conflicts between the presidents of both countries. The "Financial Times" highlights that the talks involve issues of ownership and control over a joint investment fund.
What did President Trump say?
President Donald Trump, during his speech at the White House, noted that the USA is interested in signing agreements for rare earth metals and minerals globally, with a particular focus on Ukraine. "We’re doing very well with regard to Ukraine and Russia. And one of the things we are doing is signing a deal very shortly with respect to rare earths with Ukraine," Trump declared, without elaborating further.
What are the reactions in Ukraine?
Negotiations with Washington have sparked concerns within Ukrainian circles. Opposition deputy Inna Sovsun expressed her worries on social media, writing: "Since when does surrendering a strategic sector to a foreign country equal security? Sounds more like a takeover than protection." The "Financial Times" emphasises that these concerns are widely shared within Ukrainian society.