Ukrainian President Volodymyr Zelenskyy has clarified that the upcoming agreement with the United States, designed to support Ukraine’s post-conflict reconstruction, does not include any provisions for debt - whether $500 billion, $350 billion, or $100 billion.
The agreement, which outlines the creation of a joint reconstruction fund, stipulates that Ukraine will contribute 50% of the revenue generated from its natural resources. In turn, the US will support the fund’s budget, ensuring that resources are directed toward Ukraine’s development. The fund is also set to receive future revenues from the exploitation of natural resources under Ukrainian control.
According to the terms of the agreement, the fund’s assets are protected by a safeguard that prevents their sale or transfer without the consent of both parties. This provision is intended to ensure that the funds remain dedicated solely to Ukraine’s reconstruction and long-term development.
Zelenskyy’s remarks come as part of ongoing discussions aimed at rebuilding Ukraine’s economy after years of conflict. The assurance that no debt will be incurred is intended to alleviate concerns about future financial burdens on the country and to underscore the cooperative nature of the initiative with the United States.
As negotiations progress, both sides are expected to finalize the details of the fund, which promises to play a crucial role in Ukraine’s recovery and economic stability. The agreement marks a significant step forward in reinforcing Ukraine’s commitment to self-sustained development without resorting to additional debt.
Türkiye’s first domestically produced electric SUV, the Togg T10X, is expected to hit the German market by the end of 2025, German daily Bild repor...
Syria is set to boost its daily electricity supply from around four hours to nearly ten, as natural gas from Azerbaijan begins flowing through a newly...
Three Indigenous First Nations in Saskatchewan are receiving a combined CAD$431 million (US$313 million) in compensation from the Canadian government,...
The United States has warned of reported attempts to bribe Haitian officials in a bid to destabilise the country, amid growing political turmoil and g...
A federal jury in Miami has found Tesla partially liable for a fatal crash involving its Autopilot system, ordering the company to pay $243 million in...
The deadline to secure a new U.S. trade deal arrives today, potentially marking a turning point in the country’s economic strategy amid faltering momentum on global agreements and rising international tensions.
The U.S. has imposed sanctions on Palestinian Authority (PA) and Palestine Liberation Organization (PLO) officials. Meanwhile, U.S. Special Envoy Steve Witkoff met Israeli Prime Minister Benjamin Netanyahu on Thursday to push Gaza ceasefire talks and address the humanitarian crisis.
A lightning strike measuring 829 kilometres observed in the United States in October 2017 has been confirmed by the World Meteorological Organization (WMO) as the longest recorded lightning event.
US President Donald Trump has announced via his Truth Social account that he held a “highly successful” phone call with Mexican President Claudia Sheinbaum.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Syria is set to boost its daily electricity supply from around four hours to nearly ten, as natural gas from Azerbaijan begins flowing through a newly restored pipeline via Türkiye, according to a senior official from the Syrian Ministry of Energy.
Three Indigenous First Nations in Saskatchewan are receiving a combined CAD$431 million (US$313 million) in compensation from the Canadian government, marking one of the largest settlements to date over historic breaches of treaty commitments.
The United States has warned of reported attempts to bribe Haitian officials in a bid to destabilise the country, amid growing political turmoil and gang violence.
A federal jury in Miami has found Tesla partially liable for a fatal crash involving its Autopilot system, ordering the company to pay $243 million in damages.
U.S. President Donald Trump said he heard that India has stopped buying oil from Russia, describing it as a “good step” — though he admitted the information is unconfirmed.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment