The full text of the Ukraine-US Minerals Agreement
www.eurointegration.com.ua
European Pravda publishes the final text of the “Minerals Deal,” an intergovernmental arrangement that Ukraine and the United States are set to sign this week...

The text manages to be quite surprising to me.

There was talk about USA wanting a share of Ukraine’s mineral wealth, but this agreement looks more like an agreement about funding of Ukraine’s reconstruction. It says that half of all income that Ukraine will free from the Russia will have to be put in this fund, but if the fund will be used for reconstructing Ukraine, how does this benefit USA?

Maybe it can be used for building mines for American companies, for them to use for free? Or maybe the fund can be liquidated and the money shared between Ukraine and USA?

But, my untrained eye cannot really recognize whatever shenanigans there might be hidden in the text.

  • EvacuateSoul@lemmy.world
    2·
    2 days ago

    The fund gets to offload expenses onto Ukraine. There is no matching text for offloading expenses to the fund or to the US. Sounds pretty shitty to me.

    You’re reading that part backwards. The fund, at it’s discretion, may credit expenses Ukraine incurred. The discretion part is weasely though.

    I agree though, the whole thing is suspect with our current administration.