Intel stock spikes after report of possible US government stake
Investing.com -- The United States is pushing for sweeping control over future infrastructure and mineral investments in Ukraine, potentially giving Washington a veto over Kyiv’s partnerships with other allies, according to a report from Bloomberg on Friday.
The report states that the move could complicate Ukraine’s bid for European Union membership by expanding U.S. economic influence in the country.
A draft of a revised partnership agreement obtained by Bloomberg is said to show that the Trump administration is demanding the “right of first offer” on investments in Ukrainian infrastructure and natural resources.
They explained that this would grant the U.S. priority in projects related to roads, railways, ports, mines, and the extraction of critical minerals.
The agreement would also place U.S. control over a special reconstruction investment fund, with profits from Ukrainian projects directed first to repaying American financial and military aid.
According to Bloomberg, the U.S. considers the “material and financial benefits” provided to Ukraine since Russia’s 2022 invasion as its contribution to this fund.
Effectively, Kyiv would be required to compensate the U.S. for past aid before receiving any financial gains from the partnership.
The revised deal was reportedly sent to Ukrainian officials last weekend after a previously negotiated accord fell apart following a tense meeting between President Volodymyr Zelenskiy and Trump, said Bloomberg.
Talks between the two nations are ongoing, and Ukraine is expected to respond with amendments this week.