this post was submitted on 15 Feb 2025
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Summary

Ukraine is hesitating to sign a U.S.-backed deal that would grant American companies access to 50% of its rare earth minerals in exchange for continued military support.

President Zelenskyy cited legal concerns and the lack of security guarantees.

The deal, pushed by Trump allies, aims to showcase Ukraine’s value to U.S. interests while reducing reliance on Chinese minerals.

However, Kyiv’s 2021 strategic partnership with the EU complicates negotiations, as European leaders resist surrendering shared resources to Washington. Talks remain ongoing.

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[–] Geobloke@lemm.ee 14 points 1 week ago* (last edited 1 week ago) (2 children)

I figured it was more like the tributary system in imperial China

[–] meowmeowbeanz@sh.itjust.works 10 points 1 week ago (1 children)

That’s a fair analogy, but even the tributary system had a veneer of mutual benefit—imperial China at least pretended to offer cultural or economic exchange. This? It’s pure extraction with none of the pretense.

The modern empire doesn’t bother with subtlety; it just calls the theft “aid” and expects applause. At least the tributary states got to keep their sovereignty on paper. Here, sovereignty is collateral damage in the race for resources.

What we’re witnessing isn’t just imperialism; it’s a corporate feudalism where nations are reduced to resource farms for the highest bidder. The tributary system had rituals; this has press releases.

[–] Geobloke@lemm.ee 2 points 1 week ago

Good point, I would have said technofuedalism, but yours is probably more apt, and describes Curtis Yarvins vision more appropriately

[–] laolin@lemmy.world 6 points 1 week ago

China usually gave gifts back to those states which was much more valuable than the tribute itself. Koreans were famously abusing it by sending tribute multiple times a year. China had to put a limit on them because it became a problem.