The two truths of war.
To the victor, the spoils.
And to the backers, the profits.
Draft peace agreement leaked.
It seems as if Russia’s war aims will be met, but at appreciable cost.
See Items 13 and 14 highlighted below.
Ukrainian MP publishes purported terms of new peace deal
Kiev earlier confirmed having received a draft from the US and signaled a readiness to discuss it
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Russia will be reintegrated into the global economy:
a. The lifting of sanctions will be discussed and agreed upon gradually and on an individual basis.
b. The United States will conclude a long-term economic cooperation agreement aimed at mutual development in the fields of energy, natural resources, infrastructure, artificial intelligence, data-processing centres, rare-earth mining projects in the Arctic, and other mutually beneficial corporate opportunities.
c. Russia will be invited to return to the G8. -
Frozen assets will be used in the following way: $100 billion of frozen Russian assets will be invested in US-led reconstruction and investment efforts in Ukraine. The United States will receive 50% of the profits from this undertaking. Europe will add another $100 billion to increase the total investment available for Ukraine’s reconstruction. Frozen European assets will be unfrozen. The remaining frozen Russian assets will be invested in a separate American-Russian investment vehicle that will implement joint American-Russian projects in areas to be determined. This fund will be aimed at strengthening bilateral relations and increasing shared interests in order to create strong motivation not to return to conflict.
So…
Russia will not be free of sanctions, the US is free to resist the lifting of each one individually.
And US reconstruction in Ukraine will create a bonanza of profits, funded out of Ukraine’s untold and untapped mineral and resource wealth; as well as helping itself to half of $100bn of frozen Russian assets.
ED