Ukraine requests changes to the minerals agreement, insisting on increasing American investments - Bloomberg.
30.03.2025
936

Journalist
Shostal Oleksandr
30.03.2025
936

Ukraine plans to make changes to a new economic agreement proposed by U.S. President Donald Trump, including commitments to increase American investments. This was reported by Bloomberg. According to the draft, the U.S. will gain control over all future major infrastructure and mineral investments in Ukraine without Time limitations. However, the authorities in Kyiv fear that this may undermine the country's aspirations to join the European Union and also prompt the return of all American military and economic assistance provided since the beginning of the war.Last Friday, a video conference took place between Ukrainian and American officials, during which the draft agreement, consisting of nearly 60 pages, was discussed. According to a source, the American side did not raise objections to the concerns expressed by Kyiv and may be willing to discuss changes.If the agreement is adopted, the U.S. will gain control over investment decisions concerning key sectors of Ukraine's economy, including mining, oil, gas, mineral extraction, as well as infrastructure projects. Additionally, the U.S. will have the first right to profits that are transferred to a special reconstruction investment fund managed by Washington.Ukrainian President Volodymyr Zelensky previously stated that military assistance provided by the U.S. should not be considered a debt. He reiterated that the agreement should not undermine the country's European integration, as membership in the EU is enshrined in the Constitution.Before Kyiv sends its final proposals for amendments, a lot of work still needs to be done. The draft agreement, which does not contain security guarantees for Ukraine, has been criticized by some Ukrainian opposition lawmakers.First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko called for an end to public discussions of the proposal, warning of potential harm to the negotiations. She stated that Ukraine desires to maintain a constructive dialogue with American partners.Earlier, NBC reported that after the operation on minerals, Trump would demand that Zelensky meet certain conditions.
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