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For Trump, the hottest property on earth lies in the Arctic

A potential US-Russia deal shows the region’s rare earths and vast energy reserves are turning it into the next big geopolitical prize.

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The big geopolitical question is where a US-Russia Arctic deal would leave China, says the writer.

The big geopolitical question is where a US-Russia Arctic deal would leave China, says the writer.

PHOTO: AFP

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Over the past months, top US and Russian officials reportedly held a series of hush-hush meetings. The two sides have apparently agreed that in exchange for peace in Ukraine, American companies would get exclusive rights to energy, raw materials and strategic metals across Russia and in the Arctic.

The report seems credible enough, even if the leaks about the deal taking shape may have come from European states which worry that the US is

preparing to sell out Ukraine

– leaving Europe to face an emboldened President Vladimir Putin. 

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