The United States removed the 100% control clause from the draft agreement with Kiev on fossils - FT

The clause on the absolute control of the United States over the future recovery investment fund has been removed from the new draft agreement with Ukraine on minerals. It is reported by the British newspaper Financial Times with reference to the document.

"The draft agreement from Friday, which was reviewed by the Financial Times, requires the creation of a recovery investment fund in which the United States would "maintain one hundred percent financial stake." Ukraine would contribute 50% of the fund's revenues from mineral resources until its contribution reached $500 billion. These conditions, which Ukrainian officials called unacceptable, were removed from the subsequent draft from Saturday, which was also reviewed by the FT," the article quoted by RIA Novosti says.

Kiev will sign the agreement when it receives security guarantees, a Ukrainian official told the publication on condition of anonymity. According to a Ukrainian official involved in the negotiations, the current version of the document from Ukraine needs "a lot of commitments," while the proposals of the American side are "very weak," the newspaper notes.

As reported by EADaily, the United States puts forward strict requirements in the revised agreement on mineral resources of Ukraine. According to the draft, the Donald Trump administration wants to receive one hundred percent revenues from Ukraine's natural resources, without giving any security guarantees in return. This was reported by The New York Times.