Here is the Draft Proposal Refused by Zelensky
Zelensky shouldn't have listened to manipulative and conniving American Senators acting above their pay grade and messing with international affairs of war they have no understanding of...
Friday, February 28th, 2025
While millions of Americans squabble and peck away at their keyboards, flinging insults and spreading sound bites like so many well-trained media hounds, I am joined by a small but growing minority of Americans who’ve decided to go straight to the source in search for quality information. Enjoy!
BILATERAL AGREEMENT ESTABLISHING TERMS AND CONDITIONS
FOR A RECONSTRUCTION INVESTMENT FUND
WHEREAS the United States of America has provided significant financial and
material support to Ukraine since Russia’s full-scale invasion of Ukraine in February
2022;
WHEREAS the American people desire to invest alongside Ukraine in a free,
sovereign and secure Ukraine;
WHEREAS the United States of America and Ukraine desire a lasting peace in
Ukraine and a durable partnership between their two peoples and governments;
WHEREAS the United States of America and Ukraine recognize the contribution
that Ukraine has made to strengthening international peace and security by
voluntarily abandoning the world's third largest arsenal of nuclear weapons;
WHEREAS the United States of America and Ukraine wish to ensure that those
States and other persons that have acted adversely to Ukraine in the conflict do not
benefit from the reconstruction of Ukraine following a lasting peace;
NOW, THEREFORE, the Government of the United States of America and the
Government of Ukraine (each, a “Participant”) hereby enter into this Bilateral
Agreement Establishing Terms and Conditions for a Reconstruction Investment
Fund to deepen the partnership between the United States of America and Ukraine,
as set forth herein.
1. The Governments of Ukraine and the United States of America, with the aim of
achieving lasting peace in Ukraine, intend to establish a Reconstruction Investment
Fund (Fund), partnering in the Fund through joint ownership, to be further defined
in the Fund Agreement. Joint ownership will take into consideration the actual
contributions of the Participants as defined in Sections 3 and 4. The Fund will be
jointly managed by representatives of the Government of Ukraine and the
Government of the United States of America. More detailed terms pertaining to the
Fund’s governance and operation will be set forth in a subsequent agreement (the
Fund Agreement) to be negotiated promptly after the conclusion of this Bilateral
Agreement. The maximum percentage of ownership of the Fund’s equity and
financial interests to be held by the Government of the United States of America and
the decision-making authority of the representatives of the Government of the
United States of America will be to the extent permissible under applicable United
States laws.
Neither Participant will sell, transfer or otherwise dispose of, directly or indirectly,
any portion of its interest in the Fund without the prior written consent of the other
Participant.
2. The Fund will collect and reinvest revenues contributed to the Fund, minus
expenses incurred by the Fund, and will earn income from the future monetization
of all relevant Ukrainian Government-owned natural resource assets (whether
owned directly or indirectly by the Ukrainian Government), as defined in Section 3.
3. The Government of Ukraine will contribute to the Fund 50 percent of all revenues
earned from the future monetization of all relevant Ukrainian Government-owned
natural resource assets (whether owned directly or indirectly by the Ukrainian
Government), defined as deposits of minerals, hydrocarbons, oil, natural gas, and
other extractable materials, and other infrastructure relevant to natural resource
assets (such as liquified natural gas terminals and port infrastructure) as agreed by
both Participants, as may be further described in the Fund Agreement. For the
avoidance of doubt, such future sources of revenues do not include the current
sources of revenues which are already part of the general budget revenues of
Ukraine. Timeline, scope and sustainability of contributions will be further defined
in the Fund Agreement.
The Fund, in its sole discretion, may credit or return to the Government of Ukraine
actual expenses incurred by the newly developed projects from which the Fund
receives revenues.
Contributions made to the Fund will be reinvested at least annually in Ukraine to
promote the safety, security and prosperity of Ukraine, to be further defined in the
Fund Agreement. The Fund Agreement will also provide for future distributions.
4. Subject to applicable United States law, the Government of the United States of
America will maintain a long-term financial commitment to the development of a
stable and economically prosperous Ukraine. Further contributions may be
comprised of funds, financial instruments, and other tangible and intangible assets
critical for the reconstruction of Ukraine.
5. The Fund's investment process will be designed so as to invest in projects in
Ukraine and attract investments to increase the development, processing and
monetization of all public and private Ukrainian assets including, but not limited to,
deposits of minerals, hydrocarbons, oil, natural gas, and other extractable materials,
infrastructure, ports, and state-owned enterprises as may be further described in the
Fund Agreement. The Government of the United States of America and the
Government of Ukraine intend that the investment process will lead to opportunities
for distribution of additional funds and greater reinvestment, to ensure the sufficient
supply of capital for the reconstruction of Ukraine as set out in the Fund Agreement.
The Participants reserve the right to take such action as necessary to protect and
maximize the value of their economic interests in the Fund.
6. The Fund Agreement will include appropriate representations and warranties,
including those necessary to ensure that any obligations the Government of Ukraine
may have to third parties, or such obligations that it may undertake in the future, do
not sell, convey, transfer pledge, or otherwise encumber the Government of
Ukraine’s contributions to the Fund or the assets from which such contributions are
derived, or the Fund’s disposition of funds.
In drafting the Fund Agreement, the Participants will strive to avoid conflicts with
Ukraine’s obligations under its accession to the European Union or its obligations
under arrangements with international financial institutions and other official
creditors.
7. The Fund Agreement will provide, inter alia, an acknowledgment that both the
Fund Agreement and the activities provided for therein are commercial in nature.
The Fund agreement shall be ratified by the Parliament of Ukraine according to the
Law of Ukraine «On International Treaties of Ukraine».
8. The Fund Agreement will pay particular attention to the control mechanisms that
make it impossible to weaken, violate or circumvent sanctions and other restrictive
measures.
9. The text of the Fund Agreement will be developed without delay by working
groups chaired by authorized representatives of the Government of Ukraine and the
Government of the United States of America. Contact persons responsible for
preparing the Fund Agreement on the basis of this Bilateral Agreement are: from the
Government of the United States of America: the Department of the Treasury; from
the Government of Ukraine: Ministry of Finance and Ministry of Economy.
10. This Bilateral Agreement and the Fund Agreement will constitute integral
elements of the architecture of bilateral and multilateral agreements, as well as
concrete steps to establish lasting peace, and to strengthen economic security
resilience and reflect the objectives set forth in the preamble to this Bilateral
Agreement.
The Government of the United States of America supports Ukraine’s efforts to
obtain security guarantees needed to establish lasting peace. Participants will seek
to identify any necessary steps to protect mutual investments, as defined in the Fund
Agreement.
11. This Bilateral Agreement is binding and will be implemented by each Participant
according to its domestic procedures. The Government of the United States of
America and the Government of Ukraine commit to proceed forthwith to negotiate
the Fund Agreement.
Signed on 25 February 2025 in English and Ukrainian languages, both texts are
equally authentic.
For the Government of the United
States of America:
~ Scott K. H. Bessent
~ Secretary of the Treasury
For the Government of Ukraine:
~ Andrii Sybiha
~ Minister for Foreign Affairs of Ukraine
And now, Zelensky goes home to face impeachment efforts by disenchanted Ukrainians. Maybe he should have worked with Trump/Vance, and not flown halfway around the world to be stubborn and refuse to shift diplomatically. I actually feel bad for the guy — a very, very little bit.
I was told this was a first draft written by UK and France and rejected by Trump.
I don't see how this agreement would stop Russian aggression. It only mentions Russia once at the beginning, concerning the past. Is Russia expected to just stop the war after America becomes more involved in rebuilding the country and being paid back in minerals and energy? Or does Russia have their own document they are signing with Ukraine to get what they want?