Reuters reports that Washington wants Ukraine to sign two additional documents as well as the fossil agreement – what is Kiev’s attitude
The US-Ukrainian agreement on minerals is facing a last-minute obstacle, according to the Financial Times. The report states that Ukraine has tried to review the terms agreed over the weekend, but the agreement may still be signed if Kiev returns to the original terms. However, Ukraine said that nothing could be signed because it must first be validated by parliament.
Reuters, on his part, citing a source of knowledge, said that the US wants Ukraine to sign two additional documents as well as the mineral agreement while Kiev considers that the two additional documents need further work. Kiev and Washington.
Ukraine and the US could sign an agreement on minerals within the next 24 hours after the final details were determined, the Ukrainian prime minister said Wednesday. The redesigned agreement has become a “actual corporate relationship agreement”, which could consider future US assistance as part of contributions to the fund, Prime Minister Denis Smichal said in television statements.
Reuters: What does the Mineral Agreement expected to sign today to sign US and Ukraine – Changes from previous versions
Earlier today, Reuters conveyed that according to draft that he saw, the Agreement expected to be signed later today between Kiev and Washington for mineralsprovides the US privileged access to new agreements for Ukrainian natural resources, but does not automatically grant Washington’s share of mineral her wealth Ukraine or some of its natural gas infrastructure.
The plan provides for the creation of a common US-Ukrainian reconstruction fund, which will receive 50% of the profits and rights that will enter the Ukrainian state from the new licenses of natural resources in Ukraine.
Furthermore, the agreement stipulates that any future military assistance of USA Ukraine will be counted in the US contribution to the public.
However, the document does not specify how the revenue of the Common Fund will be spent, who benefits or who controls the decisions on costs.
According to the draft, the US, or other entities to be designated, will have a privileged – but not exclusive – access to new licenses, approvals and investment opportunities in the field of Ukrainian natural resources. Existing agreements are not covered.
Previous versions of the agreement during the negotiations said that Ukrainian sources of gas, which are one of Ukraine’s most valuable assets, would be included, Reuters sources reported earlier this month. However, gas infrastructure is not covered by the draft reuters on Wednesday.
Previous versions have also said that the US would control how to spend the revenue of the Common Fund and, therefore, they will be able to receive rights and profits from Ukraine’s natural resources, sources said earlier. However, this is absent from the text of the agreement seen by Reuters and which was to be signed on Wednesday.
BBC: The goals of the agreement
The BBC, for its part, says the draft of the deal between Ukraine and the US has an area of ​​close to 3,500 words, with the document containing a lot of information.
The goals of the agreement – as the BBC reports – are described early in the document:
– Further economic cooperation between the US and Ukraine
– Strengthening the corporate relationship to help rebuild Ukraine after full -scale invasion of Russia
– Recognition of Ukraine’s need not only for economic investment, but also for structural, institutional and technological transformation.
– More and strategy of alignment between peoples and governments, with a tangible proof of US support for Ukraine security and its integration into the global economic context.
– To serve as an iconic mechanism to encourage transparent, responsible and future investment in critical areas of the Ukrainian economy.
Source :Skai
With a wealth of experience honed over 4+ years in journalism, I bring a seasoned voice to the world of news. Currently, I work as a freelance writer and editor, always seeking new opportunities to tell compelling stories in the field of world news.