The Trump administration has proposed a deal requiring Ukraine to surrender half of its revenues from natural resources—including minerals, gas, and oil—as well as earnings from ports and infrastructure, in exchange for potential U.S. economic support. However, the deal includes no security guarantees for Ukraine, despite Kyiv’s request for such assurances.
A draft of the proposal, dated Feb. 21 and obtained by the New York Times, suggests that the revenues would be placed in a U.S.-controlled fund until it reaches $500 billion—an amount that far exceeds Ukraine’s current resource revenues.
Despite rejecting a similar proposal last week, Ukrainian officials are reviewing the new terms, which includes at least one change that should please Kyiv: the new draft removes a provision that would have placed the deal under the jurisdiction of a New York court.
