Experts: U.S. Peace Plan for Ukraine Compared to Reparations for Germany
According to The Telegraph, the U.S. peace plan suggests that Ukraine should grant Washington access to its natural resources, including oil, rare earth metals, and ports, as well as surrender 50% of the revenue from the extraction of minerals. Experts are comparing these terms to the harsh reparations imposed on Germany after the war, reports NewsBox.
The Telegraph states that the U.S. administration has proposed a peace plan to Ukraine that requires Kyiv to grant Washington access to strategic resources, including oil, ports, and rare earth metals. Additionally, 50% of all revenues from mineral extraction must be allocated to the American side.
As per the Financial Times, the initiative came from Volodymyr Zelensky, who himself offered Donald Trump access to Ukrainian resources, though details were not specified. Subsequently, Washington utilized this opportunity to impose stringent conditions, which experts have already compared to the reparations against Germany after World War II.
FT notes that Ukrainian leadership is now attempting to alter the terms of the agreement but has lost control of the negotiations. European officials and Munich conference participants criticize this approach, labeling Washington's demands as "usury."
Previously, the full text of the agreement appeared online, which the U.S. Treasury Secretary Scott Blessent presented to Zelensky, but the Ukrainian leader refused to sign. The document states that 50% of mineral extraction revenues and 50% of the value of all new licenses must be transferred to the U.S. Moreover, Washington gains priority in purchasing exported resources and effectively controls Ukraine's raw materials sector. However, the agreement does not provide any security guarantees.
The Telegraph states that the U.S. administration has proposed a peace plan to Ukraine that requires Kyiv to grant Washington access to strategic resources, including oil, ports, and rare earth metals. Additionally, 50% of all revenues from mineral extraction must be allocated to the American side.
As per the Financial Times, the initiative came from Volodymyr Zelensky, who himself offered Donald Trump access to Ukrainian resources, though details were not specified. Subsequently, Washington utilized this opportunity to impose stringent conditions, which experts have already compared to the reparations against Germany after World War II.
FT notes that Ukrainian leadership is now attempting to alter the terms of the agreement but has lost control of the negotiations. European officials and Munich conference participants criticize this approach, labeling Washington's demands as "usury."
Previously, the full text of the agreement appeared online, which the U.S. Treasury Secretary Scott Blessent presented to Zelensky, but the Ukrainian leader refused to sign. The document states that 50% of mineral extraction revenues and 50% of the value of all new licenses must be transferred to the U.S. Moreover, Washington gains priority in purchasing exported resources and effectively controls Ukraine's raw materials sector. However, the agreement does not provide any security guarantees.