New minerals agreement stipulates that Ukraine will return all aid to USA provided since 2022 - media
Donald Trump's administration has returned to the minerals agreement the requirement to reimburse all the assistance that the United States had provided to Ukraine since the beginning of Russia's full-scale invasion in 2022.
This is stated in the material of European Pravda, Censor.NET reports.
"The Grand Bargain provides for Ukraine's obligation to compensate the United States for the cost of all assistance - budgetary, military, humanitarian, etc. provided ‘after the full-scale Russian invasion of Ukraine in 2022’. The document states that the total value of US aid will have to be calculated and specified in an annex to the agreement as of the date of its signing.
This amount will be designated as the ‘DFC Initial Contribution’ to the Fund," the publication notes.
The independent Kiel Institute, which monitors aid to Ukraine from foreign partners, estimates US assistance at €114 billion or $123 billion.
According to the European Parliament, the Ukrainian government is obliged to convert the Fund's revenues into US dollars and transfer them to foreign accounts of the US side upon the first request, without any fees (otherwise, Ukraine must also compensate for these fees, taxes and charges).
The sources of the Fund's income will be:
- 50% of the value of all new licences and royalties for the development of Ukraine's subsoil;
- 50% of revenues from infrastructure facilities (the details of this clause are not disclosed in the agreement).
At the same time, it is envisaged that the Fund will be able to reinvest part of its revenues in projects in Ukraine, receiving 50% of the state's future profits from these investments.
Earlier, Yaroslav Zhelezniak, MP from the "Voice" party and deputy chairman of the Verkhovna Rada's Tax Committee, said that the United States had submitted a new draft agreement on minerals to Ukraine, which must be ratified by the Verkhovna Rada.
In his opinion, this option is unfavourable for Ukraine.
