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Zelenskyy tells donors Ukraine needs ‘concrete’ projects

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Zelenskyy tells donors Ukraine needs ‘concrete’ projects
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Zelenskyy tells donors Ukraine needs ‘concrete’ projects

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Even before the devastating rupture of the Kakhovka dam this month, Ukraine’s infrastructure had been devastated. Ukrainian President Volodymyr Zelenskyy said ideas about reconstruction needed to become real projects.

https://p.dw.com/p/4Srvw

Flattened residential buildings and grenade craters are seen in an aerial view of Maryinka
Experts estimate Ukraine’s broader recovery will cost about $441 billionImage: Libkos/AP photo/image alliance

Delegates were in London on Wednesday for a donors’ conference to help Ukraine repair damage caused by Russia’s war of aggression.

The scale of the devastation is enormous, with some experts saying Ukraine needs the equivalent of the Marshall Plan that helped rebuild Europe after World War II.

UK Prime Minister Rishi Sunak opened the conference as co-host with Ukrainian President Volodymyr Zelenskyy, who appeared remotely.

Zelenskyy said that real projects are needed for the reconstruction of Ukraine.

“We must move from vision to agreements and from agreements to real projects”, he stated. “There is a Ukrainian delegation that will present concrete things,” she said.

Sunak emphasized the need for greater private investment, something he hoped could be encouraged with a new framework to protect companies against war risks.

“Before this terrible war, Ukraine’s economy was becoming a great investment opportunity,” said Sunak. “The truth is, the opportunity still exists today. In fact, the war just proved how much Ukraine has to offer.”

What’s happening at the conference?

The 2023 Ukraine Recovery International Conference is the second to be held since Russia invaded Ukraine in February last year.

More than 1,000 representatives from 61 countries, including private investors, are in attendance.

US Secretary of State Antony Blinken is among those expected to attend, as are European Commission President Ursula von der Leyen and German Foreign Minister Annalena Baerbock.

Source: DW

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