Ukraine and US agreement on minerals: WSJ reminded of the dangerous precedent with oil extraction.
US agreement with Ukraine: will it strengthen security?
The conclusion of the US agreement on mineral extraction in Ukraine has a historical precedent similar to the Washington pact with Saudi Arabia regarding oil in exchange for security. However, economic interests may change, so this agreement is not a guarantee of security for Ukraine. Additionally, Russia may undermine US security commitments by making a counter-agreement. Therefore, experts doubt how much this agreement will contribute to strengthening security across Ukraine. Especially considering changes in the global economy, it is difficult to predict how this agreement may provide investment, security, and stability.
However, Trump's approach, based on realpolitik, may prove more effective than one based on maintaining the order established after World War II. While the US has spent substantial resources supporting the global system, it is important to have the right position so as not to lose face and prestige without achieving immediate economic gains.
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