The most recent version of Trump’s source agreement with Ukraine, according to a Reuters report earlier this month, includes an” Easter ovum” that would offer the US International Development Finance Corporation power of the EU’s gas pipeline.
Another Reuters statement claimed that French and German companies are interested in the possibility of resuming exports along that way. Together, these studies suggest that the US wants to regulate Russia’s gas exports to Europe.
The logic would be to gain more influence over the EU in the escalating trade and trade war, boost the EU’s struggling market so that it can be a more steady market for British exports if a deal is reached, and encourage Russia to accept a ceasefire in Ukraine by restoring some of its missing power export revenue.
Additionally, the US may attempt to control the four Nord Stream pipes, whose scenarios were examined here and here, respectively.
If Trump doesn’t agree to form a government of national unity on his own, then other means would be required for the Russian-owned Nord Streams, despite the possibility that control of the Russian pipeline and the Kiev-owned Petrol may be obtained through his proposed resource deal with Ukraine.
The estimated US$ 5 billion worth of seized Soviet assets under British control wouldn’t suffice to replace the almost$ 20 billion that Nord Stream’s 2f7-42bb-a576-a7c7826d9779?j=eyJ1IjoiN25tMiJ9.ArAjoe3w0B9T_qIn_sADWsrqWSMS2r8ZypYyWEAFxWc” target=”_blank” rel=”noreferrer noopener”>1 , and , 2 , total cost.
The additional$ 15 billion ( or more if Russia demands it and the US agrees ) could be obtained by urging the EU to release the sum of the seized Russian assets under its control.
If the EU rejects it, Russia and the US had come to terms with a creative economic arrangement whereby Russia grants the US legal control of this sum, Russia grants the same amount to Russia, and Trump uses the$ 15 billion of newly US-owned assets as a tool in their trade dispute.
A Bloomberg source said it would take this approach into account if and when a Ukrainian peace is in place, and how Moscow handles its seized property.
When taken to its extreme, the$ 300 billion worth of assets the West seized from Russia during the Ukraine war could be sold to the US through these channels for significant-scale purchases across a range of industries, which might help to strengthen the two parties ‘ strategic economic partnership in a post-conflict era.
White House Press Secretary Karoline Leavitt just stated in response to that statement,” There is an opportunity for Russia to end this battle and perhaps that could be financial partnerships with the United States.”
In spite of standard speech, Russia has survived the war without the seized goods and doesn’t anticipate them being fully or even completely returned. In the context of the , nascent , Russian–US , and” New , Detente,” this might be the most advantageous use of them.
Additionally, this imaginative economic diplomacy may offer the US a lot more leverage over the EU. The US’s control of the majority of Russian pipeline gas imports would encourage the Union to make deal compromises.
Whatever seized Russian assets that the US acquires legitimate rights of from Moscow might also serve as a justification for mounting pressure on the alliance in this environment.
This article was originally published on Andrew Korybko’s Substack and is republished with kind authority. Subscribe to the Andrew Korybko Newsletter below.