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The writer is US Finance Minister
Although much has been reported about the economic partnership that President Donald Trump has proposed to his Ukrainian colleague, Volodimir Zelenskyy, there is a lot that is wrong or simply wrong. So, I welcome this opportunity to clarify how this partnership uses both of our nations.
Without the support of the United States and the US people, today it would be a dangerous position of Ukraine today. The US support has enabled the historical and bold defense by the Ukrainian people, and as a result, we are now on the verge of a peace agreement for Ukraine and restoring stability in Europe.
As reported earlier, Zelenskyy suggested that they now give a share in the Ukrainian elements of rare countries and critical minerals visiting the Trump tower in September. In other words, the Ukrainian president himself first proposed the President Trump of the Future, the economic partnership with the common benefits of both countries.
We know that the economic future of Ukraine at the time of peace can be more prosperous than at any other moment of the history of the nation, and partnership with Americans will ensure its progress. President Zelenskyy recognizes this, as well as President Trump. Keeping these facts in mind, I traveled to Kiev at the first international visit as a treasury secretary with a proposal that shows our long-term commitment to the free and safe Ukraine-ensemble that focused on the turbo filling of the Economic Growth of the Earth.
This partnership will support the continuation of the US -Ukraine dedication, as well as to lay the foundation for a robust reconstruction of the Ukrainian economy. Although property prices can be apparent, Ukrainian debt has been traded on the news, signaling that the creditors of Ukraine and the financial markets of prices prices for economic partnership.
The Ukrainian people showed incredible courage and resistance. They deserve to enjoy the benefits of freedom for which they fought so heroically. Ukraine is endowed with natural resources and other national assets that can encourage his post -war economic growth, but only if his government and people are armed with enough capital, expertise and true incentives.
The conditions of our partnership suggest that the income received by Ukraine received from natural resources, infrastructure and other assets is awarded to the Fund focused on the long -term renovation and development of Ukraine, where the US will have economic and management rights in that future of investment. This structure and relationship bring high standards of transparency, responsibility, corporate management and legal frameworks needed to attract robust private investments for post -war growth in Ukraine.
Inclusion of now -a would not leave room for corruption and insiders. When I was in Kiev, I met with many American companies that have been on the ground in Ukraine for years. And I have talked to many other ones who are willing to support the Ukrainian economy with fair and lasting peace. The conditions of this partnership will mobilize US talent, capital and high standards and management to speed up the recovery of Ukraine and send a clear message to Russia that the US have been invested in free and prosperous Ukraine in the long run.
Now they are a durable and long -term partner in this relationship. Revenues from future revenue flows would be reinstated in key sectors focused on unlocking more Ukrainian assets for growth. The terms of this agreement would also ensure that countries that have not contributed to the defense of Ukraine’s sovereignty will not be able to benefit from its renewal or these investments.
Now they have always been creative in finding a way to best support their partners. In 1942, the United States and the United Kingdom agreed to “promote favorable economic relations between them and the well -being of world economic relations”, based on the exchange of destroyers for the basic rights to the Caribbean. This forward provision has helped to set a financial basis for unprecedented economic growth experienced in the last 80 years.
In a similar sense, the innovative approach to President Trump is a new model of a productive international partnership. Let’s be clear that it’s not. Now they would not take ownership of physical assets in Ukraine. Nor would it be answered Ukraine with more debt. This type of economic pressure, while it was deployed by other global actors, would not progress either American or Ukrainian interests. In order to create greater value in the long run, now they have to be invested with the people of Ukraine, so both sides are encouraged to obtain as much as possible.
The Ukrainian close neighbor, Poland, showed as possible. Through sound economic policies and a diverse economy, Poland has been an attractive trade and investment partner for now. Since 1992, the economy of Poland in the real GDP conditions has been more than tripled in size, while today it is more than seven times higher than it has been revenue. The success that Poland has seen from structural reforms, investments in infrastructure, attracting foreign investments and development of qualified labor provides a clear overview of what Ukraine can achieve. Its strategic position, diligent population and natural resources are a strong foundation for the aspirations of the Ukrainian people.
The proposed partnership of President Trump aligns the interest of the American people with those of Ukraine people. The president recognizes that national security has been built together with economic security, and the more successful and safer post -war Ukraine, the more the Ukrainian people and the United States will have. This economic partnership would set the foundation for lasting peace by sending a clear signal to the American people, the people of Ukraine and Russia, the Government of importance in Ukrainian future sovereignty and success for the US.