The ninth point of the draft plan for ending the war in Ukraine foresees the creation of several funds to address the country’s economic recovery, aiming to mobilize $800 billion through equity capital, grants, debt obligations, and private sector contributions to help Ukraine fully realize its potential, Ukrainian President Volodymyr Zelensky said.
“$800 billion is our overall estimate of the losses from this Russian war. This is what we are discussing with our partners,” Zelensky said during a meeting with journalists.
According to subpoint A of the ninth point, the U.S. and European countries will establish a capital and grant fund with a target of $200 billion for transparent and effective investment in Ukraine. However, the president noted that the $200 billion target is still under discussion, as it is unclear whether Europe will agree.
“When we talk about 200 – that’s the U.S. and Europe. The U.S. means 100, and Europe – 100. We don’t fully know yet how it will be. We see the negotiation process between Ukraine and the U.S., as well as advisors from the national security offices of some countries. But Europe has not fully expressed its position yet, and this may change,” Zelensky explained.
According to subpoint B, a wide range of capital investments and other financial instruments will be used for Ukraine’s post-war reconstruction. Global reconstruction institutions will apply mechanisms to strengthen and support these efforts.
Subpoint C states that Ukraine will implement the world’s best standards for attracting direct foreign investment.
According to subpoint D, Ukraine reserves the right to seek compensation for damages incurred, Zelensky said.
