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.
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President Donald Trump has launched a fresh investigation into U.S. copper imports, signaling a potential new round of tariffs aimed at bolstering domestic production of a metal critical to electric vehicles, military hardware, the power grid, and numerous consumer goods.
Israeli media reports that Red Cross teams are on the way to a assembly point in Gaza to retrieve the bodies of 4 Israeli prisoners scheduled to be handed over.
The Vatican reports that Pope Francis’s scan indicates a “normal evolution” of lung inflammation, while his kidney issue has “resolved.”
The White House denied access to an Associated Press photographer and three reporters from Reuters, HuffPost and Der Tagesspiegel.
"Türkiye has great potential in this direction", says Hakan Fidan, adding that Ankara is "strong, important" in the region.
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