U.S. Plan So Ukraine Gets Access to Frozen Russian Assets

The Proposals have already Triggered Fierce Disputes at the Negotiating Table between the U.S. and several of its longstanding Allies in Europe. The Outcome could Fundamentally Reshape the Continent’s Economic Landscape.

The Plan was Included as an Attachment to the Current Peace Proposals, which are Not Public. The Documents Detail how U.S. Financial Firms, and other Businesses could Gain access to roughly $200 billion in Frozen Russian Assets held in a Belgium Bank. The Money would be directed toward Projects in Ukraine. One Idea, for example, Envisions Building a Large Data‑Processing Center powered by the Zaporizhzhya Nuclear Plant, which is currently occupied by Russian Forces.

Another Attachment Outlines a U.S. Plan to Pull Russia’s Economy Out-of-Crisis. Under that Concept, American Companies would Invest in Strategic Sectors, from Rare‑Earth Mining to Drilling Oil Wells in the Arctic. The Plan also Envisions helping Restore Russian Energy Supplies to Western Europe and other Parts of the Wworld.

Several European Officials familiar with the Documents, have Questioned whether some of the U.S. Proposals should be taken Seriously. One Official compared them to Trump’s (R) idea for a Riviera‑style Resort in Gaza. Another, referring to the Proposed Energy Arrangements between Moscow and Washington, said the Plan amounted to an Economic Version of the 1945 Conference, in which the Victors of World War II carved up Europe. “It’s like Yalta,” the Official said.

At the same time, European Officials want to use those same Frozen Russian Funds to provide Loans to the Ukrainian Government for Weapons Purchases, and to keep the State running, as its Resources rapidly Dwindle. The Clash at the Negotiating Table, now involves not only Borders but Increasingly Business, and Paradoxically Pits not only Russia against Ukraine, but also the U.S. against its Traditional Partners in Europe.

U.S. Companies with close Ties to the Trump Administration hope to Profit from the American Peace Plan. Europe Fears that the U.S. approach would Allow Russia to Regroup, Speed-Up its Economy, and Strengthen its Military Power. If Washington Prevails, it would upend European Plans to Support Ukraine and Tighten Russia’s Economic Isolation.

American Officials involved in the Talks, Argue that Europe’s approach would quickly Exhaust the Frozen Assets. Washington, they say, can bring in Wall Street Specialists and Billionaire Private‑Equity Investors to Grow those Funds. According to One Official, under U.S. Management the Fund could Expand to $800 Billion.

The U.S. Negotiating Team is Advancing a Philosophy of “business in exchange for peace,” in which, for example, Ukrainian Data Centers would receive Electricity from the Zaporizhzhya Nuclear Plant occupied by Russia. On Dec. 9th, President Volodymyr Zelenskyy said Ukraine, together with American and European Partners, is working on Three Separate Documents, covering Security and the Country’s Postwar Development.

According to Zelenskyy, the First Document is a Framework Agreement that Includes 20 Points. The Second addresses Security Guarantees, and the Third Focuses on Ukraine’s Reconstruction. Washington and Kyiv are Discussing Ukraine’s Accession to the EU, and the Creation of a Demilitarized Zone along the Entire Ceasefire Line.










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