Von der Leyen: EU, U.S. near unified plan for Ukraine’s postwar future

23 January, 09:17 AM
European Commission President Ursula von der Leyen (Photo: REUTERS/Yves Herman)

European Commission President Ursula von der Leyen (Photo: REUTERS/Yves Herman)

Work is progressing well on the security guarantees and economic recovery for Ukraine as part of ongoing peace talks, European Commission President Ursula von der Leyen stated following the Jan. 22 informal meeting of the European Council member.

“On security guarantees, the Paris meeting brought good progress. As you know we are now waiting for the Russian response. And on prosperity, we are close to an agreement with the US and Ukraine on a single unified Prosperity framework,” she said.

The agreement will outline how the EU and the United States can support Ukraine’s prosperity once a ceasefire agreement is reached between Russia and Ukraine.

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“We are talking about a single document representing the collective vision of the Ukrainians, Americans and Europe for Ukraine's post-war future. It draws on the important needs assessment work of the World Bank. And it offers a response based on five key principles.”

Those principles include boosting productivity through business-friendly reforms and greater market competition, accelerating Ukraine’s integration into the EU sngle market via reforms in key economic sectors, significantly increasing investment, strengthening donor coordination and implementing fundamental reforms.

“This agreement on the Prosperity Framework is a very important milestone. As I said, we are almost done. We are actively preparing Ukraine's future as a modern, sovereign and free country. This is a strong signal to our brave neighbour and partner in difficult times.”

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