Seven takeaways from US-Ukraine resources deal
Summary
The United States and Ukraine have agreed to a deal that lets the U.S. have some access to Ukraine's natural resources. The deal includes oil, natural gas, minerals, and creates an investment fund that Ukraine hopes will solidify assistance from the United States.Key Facts
- The United States and Ukraine signed an agreement that allows the U.S. access to Ukrainian natural resources.
- The deal involves oil, natural gas, and minerals, but all resources remain Ukrainian property.
- The agreement also sets up an investment fund.
- The U.S. won't ask Ukraine to pay back the supposed $350 billion aid, as stated by Ukrainian Prime Minister Denys Shmyhal.
- The U.S.'s tone towards Russia is harsher in this agreement, a change from earlier policy.
- The deal won't block Ukraine's hopes of joining the European Union; the text acknowledges Ukraine's aim and necessity for the deal not to conflict with that.
- The agreement might pave the way for more U.S. military assistance to Ukraine, as stated by Ukraine's First Deputy Prime Minister Yulia Svyrydenko.
- The U.S. can walk away from the agreement at any time, and it does not provide concrete security guarantees for Ukraine.
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