The Trump administration has laid out ambitious plans for Ukraine’s post-war economy.

Monday, February 17, 2025
The Trump administration has laid out ambitious plans for Ukraine’s post-war economy.

The US aims to participate in Ukraine’s reconstruction beyond developing its valuable resource deposits, stated US Treasury Secretary Scott Bessent.

“It will be mutually beneficial. When Americans have a stake in rebuilding the Ukrainian economy following this conflict, the US will also gain,” he remarked.

According to Bessent, the US will act as a “catalyst for Ukraine’s economic growth” through American capital and innovation. He highlighted rare minerals, energy, and state-owned enterprises, where the US will assist in introducing best practices for privatization and modernization. The US treasury secretary pointed out that Ukraine has significant deposits of strategic resources that often processed in China, while the United States prefers that their processing occurs in Europe or within the United States.

Conversely, former Ukrainian Foreign Minister Dmytro Kuleba believes that the defense industry can drive Ukraine’s post-war economic recovery. There are opportunities to adapt developed technologies for civilian uses, such as UAVs with AI and autonomous vehicles; experts concur with these projections.

 

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