U.S. Blueprint to Rewire Economies of Russia, Ukraine Sets Off Clash With Europe: WSJ
The proposal aims to finance Ukraine reconstruction using $200 billion in frozen Russian assets and restore Russian energy exports to Europe, U.S. firms to invest in Arctic oil and rare earths.
- On Dec 11, the Wall Street Journal reported the Trump administration's peace plan proposes economic engagement with Russia, including restoring energy flows to Europe, detailed in appendices handed to European counterparts over recent weeks.
- The Journal said the plans were detailed in appendices drafted by the U.S. administration and handed to European counterparts over recent weeks.
- U.S. companies would invest in Russian strategic sectors like rare-earth extraction and oil drilling in the Arctic, while financial firms would tap $200 billion of frozen Russian sovereign assets for projects including a Zaporizhzhia nuclear power plant-powered data center.
- The Kremlin said on Thursday that Russia remains open to foreign investment, with Kremlin spokesman Dmitry Peskov telling reporters, `We are interested in an inflow of foreign investment`, but he declined to comment on proposals to tap $200 billion in assets.
- After the 2022 invasion investors left or mothballed investments in Russia, while Western European powers and the administration of U.S. President Joe Biden imposed severe sanctions as Europe sought to wean off Russian gas.
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Kremlin suggests it may not like new Ukraine peace proposals after recent US-Ukraine talks
Kremlin foreign policy aide Yuri Ushakov said on Friday that Moscow has not seen revised US proposals made after the most recent talks with Ukraine, but that it may not like parts of them.
The United States has presented Europe with a controversial plan to reconstruct Ukraine and return Russia to the world economy, The Wall Street Journal (WSJ) reported. The plan includes dealing with frozen Russian assets, investing American companies in Russia, and restoring Russian oil and gas supplies to Western Europe and the rest of the world, which has angered European leaders. Some are talking about a new Yalta, while others are wondering …
President Donald Trump's administration has in recent weeks handed over a number of documents to European partners with a view to Ukraine's post-war recovery and Russia's gradual return to the world economy, reporting to The Wall Street Journal with reference to sources.
Trump plans envision major U.S. investment in Russia, restoring oil flows to Europe, WSJ says
U.S. President Donald Trump's plan for peace in Ukraine includes proposals to restore Russian energy flows to Europe, major U.S. investment in Russian rare earths and energy, and tapping frozen Russian sovereign assets, the Wall Street Journal said.
The U.S. President Donald Trump's peace plan in Ukraine includes proposals to restore Russian energy supplies to Europe, to make important US investments in the field of rare land and energy in Russia...
The Wall Street Journal reports that the plans are detailed in proposals given to Europeans in recent weeks.
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