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.
Turkish Foreign Minister Hakan Fidan spoke by phone on Tuesday with U.S. Secretary of State Marco Rubio to discuss the latest efforts to end the war in Ukraine, diplomatic sources said.
China has rejected accusations made by the defense chiefs of the US, Japan, Australia and the Philippines, who last week raised concerns over Beijing’s actions in the East and South China Seas.
President Donald Trump is "likely" to speak with Chinese President Xi Jinping this week, according to a statement from the White House.
U.S. President Donald Trump has asked Japan to partner in developing his proposed $175 billion Golden Dome missile defense system. The move could influence ongoing tariff negotiations between the two nations.
The European Union has not received a formal letter from the United States demanding that countries submit their best trade offers by Wednesday, a source familiar with the ongoing negotiations said, despite reports of such a document circulating in Washington.
Meta is turning to nuclear power to meet its rising energy needs for artificial intelligence and computing.
Bill Gates says nearly all of his wealth will go toward improving health and education across Africa over the next 20 years.
China’s electric scooter boom is accelerating the rise of salt-based batteries — a cheaper and safer alternative to lithium.
The European Union and China will hold a new round of trade talks this month, ahead of a planned EU-China summit in July, the European Commission said on Tuesday.
More than 1,800 people have been arrested in a major anti-scam operation across seven Asian jurisdictions, including Hong Kong, Singapore, South Korea, Thailand, Malaysia, the Maldives, and Macao, authorities announced on Tuesday.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
Smoke from intense wildfires burning across Canada has spread thick haze over parts of the US Midwest, causing “very unhealthy” air quality in Minnesota, Wisconsin, and Michigan on Tuesday.
Bill Gates says nearly all of his wealth will go toward improving health and education across Africa over the next 20 years.
The European Union and China will hold a new round of trade talks this month, ahead of a planned EU-China summit in July, the European Commission said on Tuesday.
More than 1,800 people have been arrested in a major anti-scam operation across seven Asian jurisdictions, including Hong Kong, Singapore, South Korea, Thailand, Malaysia, the Maldives, and Macao, authorities announced on Tuesday.
Latvia, Colombia, Liberia, Congo, and Bahrain—have been elected to the United Nations Security Council in an uncontested vote.
Meta is turning to nuclear power to meet its rising energy needs for artificial intelligence and computing.
Bill Gates says nearly all of his wealth will go toward improving health and education across Africa over the next 20 years.
China’s electric scooter boom is accelerating the rise of salt-based batteries — a cheaper and safer alternative to lithium.
The European Union and China will hold a new round of trade talks this month, ahead of a planned EU-China summit in July, the European Commission said on Tuesday.
More than 1,800 people have been arrested in a major anti-scam operation across seven Asian jurisdictions, including Hong Kong, Singapore, South Korea, Thailand, Malaysia, the Maldives, and Macao, authorities announced on Tuesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment