Economic deal between US and Ukraine will tie the countries together for years. Here’s what it says
1 month ago

Economic deal between US and Ukraine will tie the countries together for years. Here’s what it says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A preliminary economic agreement between Ukraine and the United States would ensure long-term U.S. involvement in rebuilding the country, but the deal leaves the question of security guarantees sought by Kyiv to future negotiations. According to wording in the deal, the United States “supports Ukraine’s efforts to obtain security guarantees needed to establish lasting peace," and the U.S. has “a long-term financial commitment to the development of a stable and economically prosperous Ukraine.” “Participants will seek to identify any necessary steps to protect mutual investments as defined in the Fund agreement,” it states. The official, who spoke on the condition of anonymity to discuss the sensitive negotiations, said Kyiv believes the establishment of the fund would itself serve to bolster Ukraine’s security since U.S. and Ukrainian investments would need to be protected amid continuing Russian attacks. “We are not debtors,” Zelenskyy said Wednesday, adding that, while he is grateful for previous U.S. support, Ukraine had not entered into any agreements that would require previous U.S. assistance to be repaid.

History of this topic

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