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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Ukraine is ready to negotiate but not to surrender, Ukraine's Deputy Prime Minister Yuliia Svyrydenko said on Wednesday as details emerged in media reports of a U.S. proposal for a deal which would see Ukraine give up almost all territory currently occupied by Russia.
The chief architect of China's lunar exploration programme has accused Washington of interfering in Beijing's space diplomacy efforts with international partners.
On April 23, a ceremony for the signing of documents between Azerbaijan and China was held in Beijing, with the participation of Ilham Aliyev, President of the Republic of Azerbaijan, and Xi Jinping, President of the People’s Republic of China.
Beijing has criticized Washington's pressure tactics, warning that threats and coercion are not conducive to resolving trade tensions between the two countries.
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Ukraine is ready to negotiate but not to surrender, Ukraine's Deputy Prime Minister Yuliia Svyrydenko said on Wednesday as details emerged in media reports of a U.S. proposal for a deal which would see Ukraine give up almost all territory currently occupied by Russia.
The chief architect of China's lunar exploration programme has accused Washington of interfering in Beijing's space diplomacy efforts with international partners.
A powerful earthquake of magnitude 6.2 has struck Türkiye, with its epicenter located in the Silivri district of Istanbul, according to the country’s disaster management agency, AFAD.
On April 23, a ceremony for the signing of documents between Azerbaijan and China was held in Beijing, with the participation of Ilham Aliyev, President of the Republic of Azerbaijan, and Xi Jinping, President of the People’s Republic of China.
Beijing has criticized Washington's pressure tactics, warning that threats and coercion are not conducive to resolving trade tensions between the two countries.
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