US and EU hope to mobilize $800 billion in public and private funds for Ukraine's reconstruction, reports Politico.
The publication, citing unnamed officials and diplomats from EU countries, speaks of a document outlining a 10-year plan for Ukraine's recovery with an accelerated path to membership in the European Union.
The European Commission sent this plan to EU leaders on the evening of Thursday, January 22.
Long-term funding for Ukraine is scheduled until 2040, along with an immediate 100-day operational plan to launch the country's recovery project.
At the same time, the publication notes that there will be difficulties in raising funds to implement this plan if the war continues.
The publication also states that this Prosperity Plan is part of the 20-point peace plan proposed by the United States.
It is based on the fact that the war must be over and security guarantees for Ukraine will be in place, but it is not considered for implementation in wartime.
The material also notes that the Prosperity Plan sees the United States not so much as a donor, but as a strategic economic partner, investor, and guarantor of Ukraine.
The plan envisages the direct participation of American companies in its implementation, and also emphasizes America's role in attracting private capital.
In addition, the document states that over the next 10 years, the EU, the US, and international financial organizations, including the International Monetary Fund and the World Bank, will spend $500 billion in public and private capital.
The European Commission intends to spend another €100 billion through budget support and investment guarantees under the next seven-year budget block, starting in 2028. This funding is expected to unlock €207 billion in investment in Ukraine.
The United States, in turn, promised to attract capital through a special reconstruction investment fund, but did not name a specific amount.
The document states that the United States will invest in critical sectors — mining, infrastructure, energy, and technology projects in Ukraine.
