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BackUkraine Prepares For US Talks And Seeks Western Defence Investment
Ukraine Prepares For US Talks And Seeks Western Defence Investment
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SCMP Economy3 hours agoPolitics1 min readChina

Ukraine Prepares For US Talks And Seeks Western Defence Investment

President Zelensky highlights shared views with America, while officials pursue funds and loans for defence.

Quick Look

Ukraine prepares for further talks with US representatives, while former defence minister Mykhailo Fedorov seeks Western capital for a defence technology fund to resist Moscow.

AI-generated summary

Why It Matters

Ukraine is engaged in an ongoing conflict following the Russian invasion and relies heavily on Western financial and military backing.

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Ukraine ⁠is preparing for further talks with representatives of the ‌US president, Ukrainian President Volodymyr Zelensky said on Sunday.

“There will be ⁠more details tomorrow. ‌We will do everything we can ‌so that war ⁠does ⁠not remain the ‌only option for how events ‌unfold further. ‌It is ‌important that ⁠America shares many of our ⁠views on the situation,” Zelensky ‌said in ‌a televised statement.

Also on Sunday, Ukraine’s former ⁠defence minister Mykhailo ⁠Fedorov said he is ⁠seeking US investment for a defence technology fund.

In an interview with ‌the Financial Times that was published on Sunday, Fedorov said he is also seeking Western capital to build and manage weapons development companies that he ⁠said will help Kyiv resist Moscow.

The former defence minister did not say ‌whether he would benefit financially from ⁠the ⁠fund, nor did he give details ‌on his role overseeing it, according to the Financial Times.

Ukraine’s ‌new defence minister, Yevhenii Khmara, on Sunday said ‌Kyiv would seek to bring ⁠forward part of a €45 billion (US$52.1 billion) ⁠loan from the EU planned for next year, as well ‌as lobbying ‌allies for greater contributions and new countries that had not yet given.

What to Watch

AI outlook — possibilities, not facts

  • Further talks between Ukrainian and US representatives will occur.

    Very likely · Within days

Open Questions

  • What are the specific details of the upcoming US talks?
  • How will the EU loan acceleration be structured?

Related Topics

This article was originally published by SCMP Economy.

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