Ukraine's PM says minerals agreement with US will be linked to security guarantees
Prime Minister of Ukraine Denys Shmyhal has said that Kyiv is not considering signing a minerals agreement with the United States without it being linked to security guarantees, and that this is already set out in the draft agreement.
Source: Shmyhal during the national joint 24/7 newscast on 26 February, as reported by European Pravda
Details: Shmyhal said that Ukraine and the United States have prepared a draft agreement on economic cooperation, known as the minerals agreement, and it is a preliminary agreement on creating an investment fund for the reconstruction of Ukraine.
Quote: "We are not considering signing any agreements without security guarantees... This agreement is directly tied to security guarantees. Neither the President of Ukraine nor the Government of Ukraine will consider this agreement and its signing in isolation from security guarantees for Ukraine.
Clause 10 actually says that this agreement on the fund is an integral element of the architecture of bilateral and multilateral agreements, as well as concrete steps to establish lasting peace and strengthen economic and security resilience."
Details: European Pravda sources have revealed that clause 10 of the agreement states: "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, strengthen economic and security resilience, and reflect the goals outlined in the preamble of this Bilateral Agreement.
The US government supports Ukraine's efforts to achieve the security assurances required to create long-term peace. Participants will strive to identify any steps required to protect mutual investments as outlined in the Fund Agreement."
Shmyhal said the government will discuss the wording of the minerals agreement to be signed with the United States at a meeting on 26 February.
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