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Donald Trump Demands Ukraine Hands Over 50% Of Their Wealth/ Critical Minerals
Donald Trump Demands Ukraine Hands Over 50% Of Their Wealth/ Critical Minerals
Feb. 22, 2025
U.S. EMPIRE - FOLLOW THE MONEY
World Affairs In Context
"I would take away their wealth, I would take away their oil. Just take all the wealth. You heard me. I will take the oil." ~Donald Trump, comments about stealing Iraqi oil
"I've always said that, keep the oil. We want to keep the oil, $45 million a month. Keep the oil. We've secured the oil." ~Donald Trump, comments about stealing Syria oil
"We should attack it for 50% of their oil." ~Donald Trump, comments about stealing Libya oil
Donald Trump has reportedly demanded half of Ukraine’s revenues from natural resources, ports and infrastructure as reparations for the billions of dollars the United States contributed to Kyiv’s war effort.
The demand, which was included in a draft contract on the “reconstruction of Ukraine” that reached Ukrainian President Volodymyr Zelensky’s desk last week — has caused “consternation and panic” in Kyiv, according to The Telegraph.
The “Privileged & Confidential” document calls for the United States to keep an indefinite 50% stake in much of the war-torn nation’s economic activity through the creation of a joint investment fund, which aims to keep “hostile parties to the conflict” from benefitting in the rebuilding of Ukraine, the outlet reported on Monday.
A Trump administration source told The Post: “This is about recouping hundreds billions of dollars of American taxpayers’ money.” The proposed contract covers the “economic value” associated with Ukraine’s vast natural resources, including “mineral resources, oil and gas resources, ports, other infrastructure (as agreed).” Under the terms of the reported deal, the United States would take 50% of the recurring revenues Ukraine gets from extraction and 50% of “all new licenses issued to third parties” in perpetuity.
The United States would also hold “a lien” on revenues from new licenses and have a right of first refusal for the “purchase of exportable minerals.” The memo notes that the contract will be “governed by New York law, without regard to conflict of laws principles.” The contract would give Washington sovereign immunity and virtually complete control over Ukraine’s commodity and resource economy. It appears to go well beyond Trump’s previous demand for $500 billion worth of rare earth minerals as payment for the military aid Washington has provided Kyiv.
Earlier this month, Zelensky signaled that he would support a reciprocal resource deal with the U.S. in exchange for security guarantees as part of a potential peace settlement. Trump, 78, told Fox News last week that Ukraine had “essentially agreed” to give the U.S. access to half a trillion dollars in rare earth minerals, which are considered vital to U.S. national security. “They have tremendously valuable land in terms of rare earth [minerals], in terms of oil and gas, in terms of other things. I want to have our money secured, because we’re spending hundreds of billions of dollars [in Ukraine],” Trump told Fox News “Special Report” host Bret Baier in an interview.
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