“In Rome on July 10-11, a conference for the reconstruction of Ukraine will be held, which will be opened by President Volodymyr Zelenskyy. What will happen at this conference, what were the results of previous similar meetings and what amounts need to rebuild our country – UNN journalist Oleg Pendzin told UNN. The Conference on Reconstruction of Ukraine will be held in the Italian capital on Thursday and Friday for the purpose of mobilizing investments”, – WRITE ON: ua.news
In Rome on July 10-11, a conference for the reconstruction of Ukraine will be held, which will be opened by President Volodymyr Zelenskyy.
What will happen at this conference, what were the results of previous similar meetings and what amounts the amounts of our country – journalist need UNN Economist Oleg Pendzin told.
The Conference on Reconstruction of Ukraine will be held in the Italian capital on Thursday and Friday with the purpose of mobilizing investments, in particular the funds of the private sector, for our country, which is experiencing the fourth year of a difficult war.
The meeting, which will also be attended by the EU Chairman Ursula von Der Lyen and German Chancellor Friedrich Merz, together with 15 other heads of state and governments, will focus on the long -term restoration of Ukraine. Ukraine hopes to sign energy agreements because its power system has regularly suffered from Russian blows as well as on cooperation in the defense industry.
Zelensky, who flew to Rome on Wednesday to meet with the head of state of Italy, President Sergio Mattarellla and Pope with Roman Lion IV, stressed that Ukraine remains protection against the strengthening of Russian missile attacks and drones.
“Representatives of Ukraine will have a specific set of tasks focused on direct defense – the defense of our cities and our communities,” he said in his address on Monday in the evening.
The United States, which used to be the largest sponsor of Ukraine, will be represented by the envoy of President Donald Trump on Ukraine and Russia Kit Kellog.
“This is the fourth such summit from the beginning of active fighting. The first reconstruction conference was held in 2022 in Lugano. Then there was a Hague, then there was London, and now Rome. In Logano, Prime Minister Shmigal voiced the figure of $ 750 billion, which was not supported by any documents. They were essentially taken from the ceiling, ”Pendzin said.
Pendzin also recalled that the relevant fund, which deals with the calculation of the damage caused to Ukraine. Analysts of this Fund are talking about $ 450 billion losses.
“There is a relevant fund that collects information about the damage caused to Ukraine. There are figures, there are official submission of documents, there is a bunch of appropriate procedures. This fund has been operating from the fall of 2023. And they call the figure of $ 450 billion, ”the economist explained.
Pendzin also said that in the framework of the fund, the calculation of losses occurs in several categories, including a housing stock, infrastructure, energy facilities, etc. But in general, the final calculation of losses can only be done after the completion of active combat, when our state ceases to undergo constant destruction.
“There is a clearly separated housing stock, industrial enterprises, infrastructure, energy facilities. But the loss figure is not static. It is constantly increasing every day, with every shelling, with every trouble. Therefore, it will only be possible to speak of some final figure when the active phase of hostilities is officially over, ”the economist said.
Oleg Penzin explained that each of the conferences devoted to the reconstruction of Ukraine has made a decision on various ways of assistance to Ukraine, using all available tools and resources.
“All those conferences that are reconstruction of Ukraine are aimed at several goals. The goal is the first – to determine the issues of construction. At the first conference, the questions about the Marshal Plan for Ukraine were raised. Then it quietly came to naught. At the Conference in London, Ursula von Der Lyen announced Ukraine’s allocation of 18.5 billion euros to 2024. Then in 2024 the issue of granting a $ 50 billion loan from the frozen Russian assets for 2025 was raised, ”the economist said.
Pendzin added that in one way or another, each stage is designed for a certain perspective to achieve tactical prospects.
“Each time there are some processes that are in fact extremely useful for Ukraine at least in terms of current financing and resolving issues of funding for funds for a certain tactical perspective,” Pandzin added.
Also, according to Pendzin, the meeting will take place in two formats, in particular in the government, when the decision to be directed to support our country will be made. There will also be business communication, as it will take the most active participation in the reconstruction of Ukraine and find funds for this process.
“There is a government format, where meetings with politicians, which determine the prospects for funding of Ukraine. Probably this year will be declared 100 billion euros from the European budget for financing Ukraine. And the second format is a format of communication with businesses, which, in fact, should fill the main ways concerning the reconstruction of Ukraine and finding funds. It is clear that Ukraine’s reconstruction will not be financed at the expense of European taxpayers, ”the economist explained.
Finally, Pendzin mentioned that the processes of reconstruction of Ukraine in particular will actively raise funds from frozen assets of the Russian Federation.
“The option of raising 100 billion euros is considered, including frozen Russian assets. About such approaches, ”the economist summed up.
