It’s just business: Trump wants access to $300 billion in frozen Russian assets — that’s the hidden motive behind his “peace plan,” writes Foreign Policy.
The article states that the peace plan proposed by the Trump administration effectively gives control over frozen Russian assets, even though they themselves own only 1.5% of the frozen assets.
According to the plan, American companies will receive $100 billion for the “reconstruction of Ukraine,” and the US government will receive half of the profits from the projects. Another $200 billion is expected to be used in a joint American-Russian investment instrument. At the same time, European taxpayers will have to cover the additional costs of rebuilding Ukraine.
FP notes that this structure explains Trump’s rush to conclude the deal. For Ukraine, transferring these assets to US control would mean losing its only reliable source of funding—the EU reparations loan, which is secured by frozen Russian assets.
At the same time, according to the publication, the fate of the plan depends on whether the EU will be able to quickly confiscate Russian assets and transfer them to Ukraine, which would render the key point of the US-Russian scheme meaningless.
We have already mentioned that Russia has already stated that it will only agree to a plan that means Ukraine’s surrender.