“Politico published details of the draft agreement between the European Union and the United States on the $800 billion “prosperity plan” for Ukraine.”, — write: www.pravda.com.ua
Source: “European Truth” with reference to Politico publications based on the received document
Details: The 18-page draft agreement outlines a 10-year recovery plan for Ukraine, which also provides for its “accelerated” path to the EU. This is allegedly the same document that the European Commission sent to the capitals of member states for review before the summit on January 22, where it was discussed, three European officials and diplomats said on condition of anonymity.
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The financing strategy covers the period until 2040. It is also about the “100-day plan” for launching the project.
However, the key problem remains that it will not be easy to attract foreign investments to Ukraine until the “reliable” end of the war – which seems unlikely in the foreseeable future.
The “Prosperity Plan” was developed as a development of one of the ideas of the “20-point plan”, which was developed on the basis of Trump’s initial “peace plan”.
The United States should play a “leading role” in the restoration of Ukraine, but in the document they are assigned the role not of a donor of resources, but of a “strategic economic partner, investor and guarantor of trust.”
It is assumed that in the next 10 years, the EU, the USA and international financial institutions – including the IMF and the World Bank – will invest 500 billion of state and private capital in Ukraine.
The European Commission plans to contribute another 100 billion through budget support and guarantees for investments within the seven-year EU budget for the period after 2028. This financing is expected to open up an investment opportunity of 207 billion euros.
The USA is going to attract capital for the reconstruction of Ukraine through the American-Ukrainian Investment Fund for the Reconstruction of Ukraine, no specific figures are given.
The document states that the US wants to invest in mining of valuable minerals, infrastructure, energy and technology.
Prehistory:
- The president of the European Commission said that the EU and the US are close to an agreement on the “prosperity plan” for Ukraine, which is based on five pillars: productivity, integration of Ukraine into the EU market, investments, donors and reforms.
- Hungarian Prime Minister Viktor Orbán claims that the document of the European Commission provides for Ukraine’s entry into the EU by 2027, and stated that Hungary will not support Ukraine’s membership “in the next 100 years”.
- The Ministry of Foreign Affairs of Ukraine noted that Orban overestimates his capabilitiesand to block Ukraine’s European future.