“The administration of President Donald Trump is insisting on a 'right of first offer' for investments in every infrastructure and natural resources initiative as part of a new partnership agreement with Ukraine,” the agency reports, referencing a draft document it has received.
Bloomberg states that, if approved, such a pact would grant the US significant authority to oversee investments in Ukrainian initiatives, encompassing areas like roads, railways, ports, mining, gas, oil, and other minerals. The accord will enable Washington to be the initial beneficiary of these investments, which will be directed into a dedicated investment fund established for the country's reconstruction. The fund will additionally be managed by Washington.
The document states that the "financial and material aid" provided by the USA to Ukraine since the conflict began in 2022 is viewed as a contribution to the fund. The agency indicates that this will require Ukraine to cover the costs of all U.S. military and economic assistance prior to Kiev receiving aid from the fund.
An individual familiar with the matter informed Bloomberg that Kiev is expected to present its amendments to the agreement this week.
source: bloomberg.com
Bloomberg states that, if approved, such a pact would grant the US significant authority to oversee investments in Ukrainian initiatives, encompassing areas like roads, railways, ports, mining, gas, oil, and other minerals. The accord will enable Washington to be the initial beneficiary of these investments, which will be directed into a dedicated investment fund established for the country's reconstruction. The fund will additionally be managed by Washington.
The document states that the "financial and material aid" provided by the USA to Ukraine since the conflict began in 2022 is viewed as a contribution to the fund. The agency indicates that this will require Ukraine to cover the costs of all U.S. military and economic assistance prior to Kiev receiving aid from the fund.
An individual familiar with the matter informed Bloomberg that Kiev is expected to present its amendments to the agreement this week.
source: bloomberg.com