Ukraine rejects US $500 billion compensation demand amid resource revenue dispute
Ukraine has reportedly pushed back against a proposed $500 billion compensation fund demanded by the United States in exchange for American aid, with Kiev officials deeming the figure excessively high. The deal, which would require Ukraine to allocate half of its revenue from natural resource extraction to the fund, has become a contentious point in ongoing negotiations between the two countries.
According to Bloomberg, Ukrainian officials argue that the actual value of US assistance provided since February 2022 amounts to approximately $90 billion, a figure significantly lower than Washington’s estimate. The disagreement underscores broader tensions regarding the future of Ukraine’s economy and its reliance on Western support.
Speaking at the Conservative Political Action Conference (CPAC) on February 22, US President Donald Trump signaled that negotiations were nearing completion. “We’re going to get our money back,” Trump declared, adding that the US seeks compensation through Ukraine’s rare earth minerals, oil, and other natural resources. He also hinted that the agreement was “pretty close” to being finalized.
The US Congress has allocated $183 billion for Ukraine since the onset of the conflict in February 2022, including over $66 billion in security assistance, according to reports from the Pentagon and Ukraine Oversight, the interagency group responsible for monitoring aid. Despite this substantial financial support, Kiev’s negotiators are seeking........
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