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The Telegraph reveals Trump's plan: With a gun to Zelensky's head, he wants half of Ukraine, will rebuild Putin's gas empire

2025-03-27 19:18:14Kosova&Bota SHKRUAR NGA REDAKSIA VOX

The Telegraph reveals Trump's plan: With a gun to Zelensky's head, he

Donald Trump is holding a gun to Volodymyr Zelensky's head, demanding huge payments and claiming half of Ukraine's oil, gas and hydrocarbon resources, as well as almost all of its metals and most of its infrastructure.

The latest version of his "minerals deal", seen by The Telegraph, is unprecedented in the history of modern diplomacy and state relations.

“It’s an expropriation document,” said Alan Riley, an energy law expert at the Atlantic Council. “There are no guarantees, no safeguards, the US doesn’t decide anything.

"The Americans can leave, the Ukrainians can't. I've never seen anything like this before."

The text leaves little doubt that Trump's primary objective is to include Ukraine as a province of America's oil, gas, and resource industries.

It aligns with parallel talks between the US and Russia for a comprehensive energy partnership, including plans to restore West Siberian gas supplies to Europe in large volumes, with US companies and Trump-linked financiers gaining a large stake in the business.

The revived gas trade will flow through the Ukrainian network, and later through the Baltics, while the sabotaged Nord Stream pipelines will be put back into circulation.

The new draft says that the United States-Ukraine Reconstruction Investment Fund will control "critical minerals or other minerals, oil, natural gas (including liquefied natural gas), other fuels or hydrocarbons, and other extractable materials of Ukraine."

All critical materials listed in the U.S. Energy Act are covered, including rare earths and 50 other minerals such as lithium, titanium, cobalt, aluminum, and zinc.

The US will control infrastructure related to natural resources “including, but not limited to, roads, railways, pipelines and other transportation assets; ports, terminals and other logistics facilities; and refineries, processing facilities, natural gas liquefaction and/or regasification facilities and similar assets.”

Three of the five board members in the new fund will be elected by the US. There will be “A” shares and gold shares. America will receive all royalties until Ukraine has repaid at least $100 billion in war debts to the US, with 4 percent interest added — less than the $350 billion previously issued by Trump, but still half of Ukraine’s GDP, and unpayable.

Ukraine only has "B" shares and will receive 50 percent of the royalties only after the arrears are paid off.

The fund is registered in Delaware, but under the jurisdiction of New York. The United States has the right of first refusal on all projects. The US has the authority to examine the books and accounts of any Ukrainian ministry or agency at any time during business hours.

The US could veto sales of Ukrainian resources to other countries, which could mean banning rare earth sales to China, but could also limit sales to Europe.

Prof Riley said: "It's not consistent with EU membership, and perhaps that's part of the intention. I have to wonder whether the real intention might not be to force Zelensky to reject it."

The US does not pay any investment capital, considering its contribution as past military aid. No security guarantees are offered.

The contract makes some rhetorical remarks to Ukraine, stating that "the American people want to invest alongside the Ukrainian people in a free, sovereign, and secure Ukraine."

The text recognizes Ukraine's contribution to peace "by voluntarily abandoning the world's third-largest arsenal of nuclear weapons" in the Budapest Memorandum in 1994.

However, the terms are even harsher than the original drafts, which were deemed predatory and neo-colonial by international lawyers and caused outrage in much of Europe. The document smacks of the unequal treaties imposed on China by European powers in the 19th century.

It is a cruel way to treat a democratic ally that is fighting for its political existence and defending the West's foreign line against Russian imperialism.

The Trump White House says Putin would not dare attack if America has commercial skin in the game, but that has no currency in a context where he is also negotiating energy deals with Kirill Dmitriev, the McKinsey-trained head of Russia's sovereign wealth fund. The Telegraph ( Detailed article )


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