Friday, May 2, 2025
HomenewsZelenskyy hails Ukraine-US investment deal as truly equal

Zelenskyy hails Ukraine-US investment deal as truly equal

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Ukrainian President Volodymyr Zelenskyy hailed an investment deal with the United States as a “truly equal” and fair agreement, and the first result of his meeting with US President Donald Trump at the Vatican on the sidelines of Pope Francis’ funeral.

The agreement “has been signed and will be submitted to the Verkhovna Rada for ratification. And we are interested in having no delays with it,” Zelenskyy wrote on X.

He also said the deal paved the way for the modernization of Ukraine’s industries.

“The agreement foresees no debt. It stipulates the establishment of a Reconstruction Fund that will invest in Ukraine and generate returns in Ukraine,” Zelenskyy added.

The Ukrainian president called the agreement the first result of his Vatican meeting with Trump, and said he was looking forward to the other results of their conversation.

Ukraine has published the full text of the ‘investment’ deal on its government website. You can find a PDF version of the agreement by clicking here

Julie Davis named as top US diplomat in Ukraine

US President Donald Trump and Secretary of State Marco Rubio have identified Julie Davis to serve as charge d’affaires at the US embassy in Kyiv, State Department spokesperson Tammy Bruce said.

Davis is currently the US ambassador to Cyprus.

Last month, US ambassador to Ukraine Bridget Brink resigned. She was appointed by the Biden administration in 2022.

Brink has been a staunch supporter of US military aid to Ukraine. Her resignation has been expected for some time, especially given the Trump administration’s emphasis on rapprochement with Russia and ending the war.

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