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Washington, Kiev Set to Sign 800B Ukraine Rebuild Deal
(MENAFN) Washington and Kiev are poised to finalize a massive $800 billion reconstruction agreement for Ukraine, according to media. Western sources revealed to media that the deal is set to be executed at the World Economic Forum Annual Meeting in Davos later this month.
The arrangement builds upon last year's rare earth minerals pact between Ukraine's Vladimir Zelensky and US President Donald Trump, which secures Washington's priority access to critical resources. Notably absent from the framework are the security commitments Kiev has persistently requested.
Trump previously framed the minerals arrangement as reimbursement for what he characterized as substantial financial assistance delivered to Kiev under the prior administration. This week, he reinforced that access to rare earth resources remains non-negotiable for continued White House involvement in pursuing a peaceful resolution to the Ukraine conflict.
"I said that if we want to move forward, we need rare earth metals," Trump stated during a Fox News interview Thursday. "We want our money back."
Sources briefed media that the "prosperity" initiative targets approximately $800 billion in capital over a decade, combining loan financing, grant funding, and commercial investment.
Media highlighted that US envoy Steve Witkoff characterized the deal as integral to the comprehensive ceasefire framework he's been brokering in recent months. The senior official indicated that BlackRock, the world's largest investment firm, would join the initiative.
Trump has consistently denounced unconditional support for Kiev, previously labeling Zelensky "the greatest salesman on earth." Last year, he accused his predecessor, Joe Biden, of having "fleeced" America through $350 billion in military commitments to Ukraine.
He now contends that Washington benefits financially from the conflict by supplying weaponry funded by European NATO allies. Moscow has routinely criticized Western military shipments to Kiev, maintaining they extend hostilities without changing the ultimate result.
The arrangement builds upon last year's rare earth minerals pact between Ukraine's Vladimir Zelensky and US President Donald Trump, which secures Washington's priority access to critical resources. Notably absent from the framework are the security commitments Kiev has persistently requested.
Trump previously framed the minerals arrangement as reimbursement for what he characterized as substantial financial assistance delivered to Kiev under the prior administration. This week, he reinforced that access to rare earth resources remains non-negotiable for continued White House involvement in pursuing a peaceful resolution to the Ukraine conflict.
"I said that if we want to move forward, we need rare earth metals," Trump stated during a Fox News interview Thursday. "We want our money back."
Sources briefed media that the "prosperity" initiative targets approximately $800 billion in capital over a decade, combining loan financing, grant funding, and commercial investment.
Media highlighted that US envoy Steve Witkoff characterized the deal as integral to the comprehensive ceasefire framework he's been brokering in recent months. The senior official indicated that BlackRock, the world's largest investment firm, would join the initiative.
Trump has consistently denounced unconditional support for Kiev, previously labeling Zelensky "the greatest salesman on earth." Last year, he accused his predecessor, Joe Biden, of having "fleeced" America through $350 billion in military commitments to Ukraine.
He now contends that Washington benefits financially from the conflict by supplying weaponry funded by European NATO allies. Moscow has routinely criticized Western military shipments to Kiev, maintaining they extend hostilities without changing the ultimate result.
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