Control all the major future investments in infrastructure and minerals in Ukraine push USApossibly gaining a veto in any role for the other allies of Ukraine and undermining his effort to join the European Union.
US President Donald Trump’s government requires the ‘Right to the First Offer’ to invest in all infrastructure and natural resources projects in the context of a revised partnership agreement with Ukraine, According to a draft of the document that came under the possession of Bloomberg News.
If accepted, the corporate relationship agreement will attribute huge power in the US to control investment in Ukraine in projects such as roads and railways, ports, mines, oil and gas and critical mineral mining. Would have been An unprecedented extension of US economic influence to the largest country in Europe, Just when it is trying to align with the EU.
The agreement will provide the US the first claim on profits transferred to a special reconstruction investment fund controlled by Washington. The crucial is that the document states that the US considers that the “material and economic benefits” provided to Ukraine after the full -scale invasion of Russia in February 2022 are their contribution to the Fund.
In fact, this would mean that the Trump government would oblige Ukraine to pay for the entire military and financial support provided by the US from the start of the war before Kiev received any income from the Corporate Fund.
The United States handed over a revised deal to officials in Kiev last weekend, after plans to sign a previous agreement by Ukrainian President Volodimir Zelenski collapsed after a strong confrontation with the Oval Office with Trump. The White House said last week that the government was going beyond the previously negotiated agreement covering critical minerals in Ukraine.
The discussions continue between the two sides and the final plan may contain revisions of the terms. Ukraine will probably respond to the US document with its own amendments this week, a person who knows the matter told Bloomberg News.
The full agreement proposed by the United States requires a “detailed study” and the terms are constantly changing during the negotiations, Zelenski told reporters in Paris today (27.3.25), where he participates in a summit with European leaders. Although it is too early to say that agreement has been reached, “we support cooperation with the US, we do not want to give a single message that can push the US to stop helping Ukraine,” he said.
The United States remains committed to the rapid completion of the agreement and ensuring a constant peace for both Ukraine and Russia, a US ministry spokesman said in response to a request for commentary.
“The mineral agreement offers Ukraine the opportunity to form a constant economic relationship with the United States, which is the basis for long -term security and peace,” said National Security Council spokesman James Hewitt. “It will strengthen the relationship of our two nations and benefit both parties.”
Zelenski has tried to attract Ukraine’s allies to invest in the country as part of his so -called victory plan to contribute to his insurance against a future Russian attack. Trump filed his own requests for an agreement to access Ukraine’s critical minerals shortly after taking over his duties in January as compensation for US support.
Trump has reached an agreement with Ukraine, as he also pushes Zelenski and Russian President Vladimir Putin to reach an agreement to end the war. So far, the US has pushed Ukraine to make a series of concessions, including the possible resignation of Russia’s claims, and have almost no requirement from Putin.
Ukraine has secured the EU candidate regime in 2022 and will launch accession talks on full integration, which could take years. This is likely to be further complicated if the US has effective control of investment decisions covering large areas of the Ukraine economy.
Ukraine has previously stated that an agreement with the US should not conflict with the EU connection agreement. It has also previously rejected US pressure to include Washington’s previous support to Ukraine as its contribution to the joint fund.
According to the Document Plan, the US International Development Organization (DFC) will control the Investment Fund by appointing three of the five members of the Board of Directors and holding a “golden share” that provides him with special voting rights to prevent certain decisions. Ukraine would define the other two members and could not interfere with the daily management of the fund.
The government in Kiev should put 50% of its revenue from all new natural resources and infrastructure projects. The US will have the right to all earnings plus an annual performance of 4% until their investment is recovered, refers to the plan.
Ukraine will be obliged to submit all projects to the Fund for a “as soon as possible” examination, with the DFC gaining positions on the Board of Directors or supervision in all funded programs. Kiev will be forbidden to offer the rejected projects to other places with “substantially better” terms for at least one year.
In addition, according to the plan, the US government will have the right to buy metals, minerals and oil and natural gas of Ukraine before other parts in commercial terms, regardless of whether the fund funding the project.
The agreement, which It has no time limit, it also prohibits Kiev from selling critical minerals in countries that are “strategic competitors” in the US.