On the 'deal' between the U.S.

< On the 'deal' between the U.S. and Ukraine - FT contribution by U.S. Treasury Secretary>

Shin Hyun-ho brings a summary. Scott Bessent, the U.S. Secretary of the Treasury, contributed directly to the Financial Times. It is about the U.S.-Ukra deal.

As you can see from the summary, the content is good. Although it is not 'military cooperation' with the United States, it is expected that <economic cooperation> will strengthen the relationship between Ukraine and the United States and help rebuild Ukraine.

Of course, negotiations have not yet been completed, and the contents of the deal may change later.  

It is clear that the series of actions Trump is doing is different from the existing U.S. approach, but I think it remains to be seen whether it has "crossed the line."

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<Scott Bessent Summarizes Financial Times Contributions>

Hours earlier, U.S. Treasury Secretary Scott Bessent wrote in the Financial Times about the natural resource deal between the U.S. and Ukraine in the frame of a long-term economic partnership between the U.S. and Ukraine.

My opinion is not added at all and summed up as follows.

This is a detailed position presented directly by one of the top U.S. government officials. The U.S. government's bias is inevitable, but reading it with this in mind will help you understand the Trump administration's approach, strategy, and the atmosphere of DC.

1. There is too much misinformation about the economic partnership Trump has proposed to Zelensky.

2. Let me explain that this will benefit both the United States and Ukraine.

3. Ukraine's situation would have been a disaster without the support of the United States and Americans.

4. With the help of the United States, Ukrainians have made historic defenses, and are now on the verge of a peace agreement and stability in Europe.

5. Providing rare earths and important minerals to the United States was proposed by Zelensky to Trump in September last year.

6. Both Trump and Zelensky know that cooperation with the United States will ensure Ukraine's prosperity.

7. With this in mind, I was on my first overseas business trip as Minister of Finance with a proposal.

8. Economic partnerships will help the United States continue to commit to the Ukrainian people and the strong reconstruction of the Ukrainian economy.

9. Rising Ukrainian government bond prices after the news show financial markets are positive for economic partnerships.

10. Ukraine has natural resources and assets to drive post-war economic growth, but it can only be realized with sufficient capital, expertise and adequate incentives.

11. The partnership proposes incorporating Ukrainian government revenues from natural resources, infrastructure and other assets into a fund focused on long-term Ukrainian reconstruction and development.

12. The United States will have economic and governance rights for future investments in the Fund.

13. This structure will provide the high level of transparency, accountability, corporate governance, and legal frameworks needed to attract strong private investment needed for postwar growth.

14. U.S. involvement would eliminate room for corruption and insider trading.

15. These partnership provisions will allow for the introduction of American talent, capital, high standards, and corporate governance needed to recover Ukraine.

16. It will also send a message that the U.S. is making long-term investments in a free and prosperous Ukraine.

17. The U.S. is a continuing and long-term partner, and fund revenues will be reinvested in Ukraine's core sector.

18. A country that has not contributed to Ukraine's sovereign defense will not enjoy the benefits of reconstruction and reinvestment.

19. The United States has historically been creative in finding the best partnership.

20. The 1942 partnership between the United States and Britain became the economic foundation for 80 years of unprecedented prosperity.

21. Trump's proposal is a new model of productive international partnership.

22. The U.S. will not own Ukraine's real assets, nor will it burden Ukraine with debt.

23. This pressure, which is commonly adopted by other powers, is not in the interests of the United States and Ukraine.

24. To create more value in the long term, the United States invests in Ukraine, and both have common incentives to make greater profits.

25. Neighboring Poland has become an attractive trade and investment partner for the United States through sound economic policies and economic decentralization.

26. Since 1992, Poland's real GDP has tripled and its per capita national income has increased sevenfold, which has been possible through structural reforms, infrastructure investment, foreign capital attraction, and worker proficiency.

27. Ukraine can also achieve this.

28. Trump's proposed partnership aligns American interests with Ukrainian interests.

29. Trump recognizes that national security is achieved alongside economic security.

30. It also recognizes that the more successful and safe postwar Ukraine is, the more beneficial Ukrainians and Americans are.

31. The partnership will send a message to Americans, Ukrainians and the Russian government that Ukraine's future sovereignty and development is important to the United States, which will serve as the foundation for the continuation of peace.