Treasury Secretary Scott Bessent mentioned throughout an interview that President Trump crafted a “win-win” scenario for the prospective U.S., Ukraine financial plan, an offer that, in his view, will spice up Kyiv’s safety and produce the 2 international locations into a better dating.
“President Trump designed a win-win situation. It’s win for the Ukraine people because the know-how, the ingenuity of the American people go in, and it’s a win for the American people. And what we went in — and it’s the opposite of what the Chinese do,” Bessent mentioned throughout his interview with Fox Information’s “Special Report,” which aired on Tuesday.
“The Chinese go in, and they do these rapacious deals where they grab mineral rights. And what we suggested, and the document that I took, was a partnership,” he added.
Ukraine woos Trump with prospect of mineral riches
Bessent, who visited Ukraine final week and met with the rustic’s President Volodymyr Zelensky, mentioned the purported financial cooperation between Kyiv and Washington is in line with the “revenues that come from minerals, from natural resources, from state-owned enterprises, and the more they make, the more we make.”
“So, the U.S., our side, would bring in know-how, we’d bring in capital, and we’d act as an accelerant,” he informed host Bret Baier.
Bessent mentioned final week that hanging an financial deal would ship a message to Russia that Washington stands along Kyiv, and it might “provide a long-term security shield for all Ukrainians.” The Treasury secretary mentioned final week that he gave a draft of the proposal to Zelensky.
Trump has prior to now mentioned that he desires Kyiv to provide some $500 billion price of uncommon earth parts as of method of repaying for the commercial and armed forces support Washington equipped since Russia’s February 2022 invasion of Ukraine.
Bessent mentioned on Tuesday that he thinks Zelensky can be on board “once the Ukrainians understand that this is a long-term agreement that’s very beneficial to their security,” including that the proposal is multipurpose.
“It pulls Ukrainian and the American interests closer together. It’s a very strong signal to the Russians that we take our interest in Ukraine very seriously. It’s very important to the American people to know where their tax dollars have gone and that they’re going to — if more money goes in, that they could get a return on that,” Bessent mentioned on Fox Information.
He added that “over the long term with U.S. interest on the ground there, it will act as a security deterrent to — when this crisis ends — when this conflict ends, it will act as a deterrent to further Russian aggression.”
Bessent additionally mentioned that Trump will have to be given a Nobel Peace Prize for his paintings at the ongoing talks between the U.S. and Russia to succeed in a peace settlement in Japanese Europe, discussions that Ukraine, for now, isn’t part of.
“The plan that I’ve seen that President Trump has, you know, I think he could win the Nobel Peace Prize for this,” Bessent mentioned. “If it were fairly awarded, I think in a year, he should get it from what I’ve seen.”
