Connect with us

Diplomacy

US proposes controversial ‘colonial’-style agreement to Ukraine

Published

on

The US is pushing to control all future major infrastructure and mining investments in Ukraine, veto the role of Kyiv’s other allies, and undermine its goal of European Union membership.

According to a draft document obtained by Bloomberg, the Donald Trump administration is demanding the “right of first refusal” on investments in all infrastructure and natural resource projects under a revised partnership agreement with Ukraine.

If accepted, the partnership agreement would give the US enormous power to control investments in projects in Ukraine such as highways and railways, ports, mines, oil and natural gas, and the extraction of critical minerals.

The agreement would give the US first claim on profits transferred to a special reconstruction investment fund controlled by Washington.

The most crucial point of the document is that the US considers the “material and financial benefits” it has provided to Ukraine since the beginning of the war as a contribution to this fund.

In effect, this means the Trump administration would force Ukraine to pay the cost of all US military and economic support provided since the start of the war before Kyiv receives any income from the partnership fund.

According to the draft document, the US International Development Finance Corporation (DFC) will control the investment fund by nominating three of the five board members and holding a “golden share” giving it special voting rights to block certain decisions. Ukraine will appoint the other two members and will be prevented from interfering in the fund’s daily management.

The Kyiv government will be required to deposit 50% of the earnings from all new natural resource and infrastructure projects into the fund. The draft states that the US will be entitled to all profits until its investment is recouped, plus a 4% annual return.

Ukraine will be obliged to submit all projects to the fund for review “at the earliest possible time,” and the DFC will gain board membership or oversight rights in all funded programs.

Kyiv will also be prohibited from offering rejected projects to other parties on “materially better” terms for at least one year.

Furthermore, according to the draft, the US government will have the right to purchase Ukraine’s metals, minerals, and oil and gas on commercial terms before other parties, regardless of whether the fund finances the project.

The agreement, which has no time limit, also prohibits Kyiv from selling critical minerals to countries that are “strategic rivals” of the US.

The US presented a revised agreement to officials in Kyiv last weekend after Ukrainian President Volodymyr Zelenskyy’s plans to sign an earlier deal fell through following a tense discussion with Trump in the Oval Office last month.

The White House said last week that the administration has moved beyond the previously negotiated agreement covering critical minerals in Ukraine.

Negotiations between the two sides are ongoing, and the final draft may include revisions to the terms. A person familiar with the matter told Bloomberg that Ukraine would respond to the US document with its own changes this week.

Speaking to reporters in Paris on Thursday, where he traveled to attend a summit with European leaders, Zelenskyy said the full agreement proposed by the US requires “detailed study” and that the terms are constantly changing during negotiations.

While it is too early to say an agreement has been reached, he said, “We support cooperation with the US, we do not want to send a single signal that could cause the US to stop helping Ukraine.”

In response to a request for comment, a US Treasury Department spokesperson stated that the US remains committed to the swift finalization of the agreement and securing a lasting peace for Ukraine.

National Security Council spokesperson James Hewitt said, “The minerals agreement offers Ukraine the opportunity to establish a lasting economic relationship with the US, which is the foundation for long-term security and peace. This agreement will strengthen relations between the two countries and benefit both sides.”

Ukraine gained EU candidate status in 2022 and is set to begin accession talks for full membership, which could take years to complete. This situation is likely to become more complicated if the US gains effective control over investment decisions covering large areas of the Ukrainian economy.

Ukraine had previously stated that an agreement with the US should not conflict with its association agreement with the EU. It had also previously rejected the US demand that Washington’s past support for Ukraine be included as a contribution to the joint fund.

Continue Reading

Diplomacy

CSTO strips Armenia of voting rights over two-year budget debt

Published

on

Members of the Collective Security Treaty Organization (CSTO) have stripped Armenia of its voting rights and its ability to appoint representatives to official positions due to a two-year debt to the organization’s budget.

Kremlin Spokesman Dmitry Peskov said, “This decision was taken based on the organization’s charter due to Armenia’s failure to fulfil its obligations for several years.”

Prior to the CSTO leaders’ summit in Moscow, Peskov had stated that member states would “react” to the Caucasus country’s non-participation in the organization’s activities.

Ahead of the Moscow summit, Armenian Prime Minister Nikol Pashinyan said his country’s “interest has run out” regarding the CSTO. Through his press spokesperson, he announced that he would travel to Türkiye on 11 November to attend the United Nations Climate Change Conference (COP31) instead of going to Russia.

The CSTO leaders’ meeting was held with the participation of Russian President Vladimir Putin alongside the leaders of Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan.

The leaders jointly took the decision to revoke Armenia’s voting rights.

At the conclusion of the meeting, the participants also signed a joint declaration.

The declaration stated: “We confirm our unconditional commitment to the goals set out in the CSTO treaty and charter towards creating favourable and stable conditions for the comprehensive development of member states.”

Pashinyan had frozen Yerevan’s de facto participation in the CSTO in February 2024, citing the organization’s failure to aid the Armenian side during the armed clashes in Nagorno-Karabakh in September 2023.

Having referred to the CSTO as a “soap-bubble alliance” since that time, Pashinyan accused the organization’s members of “planning war” together with Baku. He stated that Armenia would not return to active work within the alliance at least “over the next five years”, adding that he would welcome it if the country were expelled from membership.

Relations between Armenia and Russia grew tense once again in the spring of 2026, after Yerevan moved closer to the European Union (EU) and the Kremlin responded with a trade war.

In May, Pashinyan refused to travel to Moscow to attend the Victory Day parade and declared that he did not support Russia on the Ukraine issue.

In response, Putin called on Yerevan to determine its foreign policy course through a referendum, advising Armenian authorities not to forget the fate of Ukraine.

Continue Reading

Diplomacy

US urges Russia to draft proposals for new European security pact

Published

on

The US administration has reportedly called on Russia to submit proposals for a prospective security treaty with Europe that would include measures to ease tensions between European nations and Moscow.

According to a report by news site Axios citing sources familiar with the matter, the US side conveyed the request during trilateral negotiations held in Abu Dhabi.

During the talks, US Special Envoy Steve Witkoff and Donald Trump’s son-in-law Jared Kushner suggested that the Russian delegation prepare a fresh proposal outlining its security concerns and demands.

The US delegation reportedly asked that this proposal clarify what kind of “symmetrical steps” Moscow is prepared to take to de-escalate tensions and “provide non-aggression guarantees to Europe”.

Another source familiar with the White House’s approach said the Trump administration aims to run the processes for a new European security architecture and a peace agreement between Russia and Ukraine simultaneously.

Under this plan, the actual implementation of the security understandings would take effect only after the signing of an accord ending the conflict in Ukraine.

Assessing the approach to the process, the source said: “[Ukrainian President Volodymyr] Zelenskyy will not agree to any compromise without knowing what will happen next regarding security guarantees. Putin also wants to see the exact same picture clearly. This is precisely why the security portfolio is so decisive.”

The same official noted that the US will not reach a security agreement with Russia without the support of Europe and Ukraine, adding that Washington will not grant Moscow veto power over European security decisions.

Vladimir Medinsky, aide to the Russian president and head of the delegation in the Ukraine negotiations, previously stated that the fundamental objective was building a comprehensive new security system in Europe.

Medinsky noted that the structure in question must take on the character of “a fair, new, modern Yalta and Potsdam that carries the spirit of Helsinki 1975 and responds to contemporary realities”.

The Russian official argued that if such a system were established, peace lasting for decades, or even centuries, could be secured in Europe.

Russian Foreign Minister Sergey Lavrov also announced that Moscow possesses its own position paper on how a new security architecture in Eurasia should take shape.

Lavrov stated that Russia hopes the Washington administration will “maintain its determination to pursue dialogue aimed at achieving an honest balance of interests where nobody’s security is impaired”.

Russian authorities have repeatedly stated that the country has no intention of attacking Europe.

Pointing out that they have no reason to fight NATO countries, Russian President Vladimir Putin previously said: “We have no interest whatsoever, neither geopolitical nor economic, political nor military.”

In a statement in October, Putin said Russia has no plans to attack anyone “in 2029, in 2030, or in the year 2050”.

On the other hand, Putin claimed that “all NATO countries are fighting Russia” and stated that the Russian military is currently the most combat-ready armed force in the world.

Following the contacts in Abu Dhabi, Kushner announced that he and Witkoff would travel to Moscow.

Explaining that they plan to meet Putin during the visit to discuss European participation in negotiations aimed at resolving the conflict, Kushner argued that the parties could make “far greater progress” if the Russian leader consents to such involvement.

Yury Ushakov, aide to the Russian president, stated that the US special envoys will arrive in Moscow on 12 November, with the planned meeting with the Russian president scheduled for the first half of the day.

Continue Reading

Diplomacy

Vance leads indirect push for US-Iran ceasefire and nuclear talks

Published

on

US Vice-President JD Vance has been personally involved over the past two weeks in indirect talks with Iran aimed at securing a fresh ceasefire and restarting nuclear negotiations.

According to Axios, Vance’s intense engagement indicates that he has taken it upon himself to extract the US from the conflict, which he views as responsible for the Republican Party’s shocking losses in this week’s elections.

This elevates the latest round of indirect talks to the highest echelons of the administration.

US officials and regional sources state that Trump is currently willing to let diplomatic efforts run their course to see whether any agreement is achievable.

Asked by reporters on Friday what his message was to Iran, Trump said, “We are talking to them.”

According to sources with direct knowledge of the matter, Vance speaks almost daily with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, Pakistan’s Chief of Army Staff Field Marshal Asim Munir, and other mediators regarding the negotiations with Iran.

White House envoy Steve Witkoff and Jared Kushner, President Trump’s adviser and son-in-law, are also involved in the process.

Sources say Vance and the Qatari and Pakistani mediators have been discussing the possibility of holding a working-level technical meeting between the US and Iran in the coming days, though this has not yet materialized.

Before the war began in late February, Vance was among the most sceptical voices in Trump’s inner circle on the issue, advocating instead for a diplomatic solution.

In April, he led the US negotiating delegation at the Iran summit held in Islamabad and was personally involved in the talks that yielded a memorandum of understanding (MOU) signed between the US and Iran in June.

Vance subsequently headed the US delegation during a series of direct talks with Iran in Switzerland.

Two weeks ago, Vance sent a letter to Mohsen Rezaei, Secretary of Iran’s Supreme National Security Council, proposing that direct negotiations resume.

Rezaei is one of the closest advisers to Iran’s Supreme Leader, Mojtaba Khamenei.

Iranian officials noted that Vance’s letter generated positive momentum toward restarting talks.

On Wednesday, Vance said the war was the primary reason for the Republicans’ repudiation at the polls.

Sources involved in mediation efforts report that while progress is being made, the process is moving very slowly.

On Friday evening, the prime minister of Qatar said, “Over the past few weeks, we worked with our colleagues in the US administration who have a sincere intention to contain the situation and de-escalate. Thanks to them and the voices of reason in Tehran, we prevented the situation from spinning out of control.”

The prime minister added that discussions with the Trump administration continued following the midterm elections, though they were not as active as in previous days “because there are other matters.”

Nevertheless, he noted that the US intention to find a diplomatic resolution “remains ongoing” and emphasized that an agreement is possible.

On Friday morning, Trump and the Emir of Qatar discussed Qatari efforts to bridge differences between the US and Iran as part of an accord.

According to a statement from his office, Sheikh Tamim emphasized the necessity of “pursuing dialogue and diplomatic channels to resolve differences, prevent the region from facing further escalation, and ensure freedom of maritime navigation as well as the security of energy supplies.”

Separately, Trump confirmed on Friday that the US military conducted a strike on an anti-aircraft missile launcher on Qeshm Island in the Strait of Hormuz after it fired a missile at a US fighter jet.

Continue Reading

MOST READ

Turkey