German Foreign Minister Annalena Baerbock made a fresh appeal for private investors to contribute to the “colossal” cost of reversing the damage inflicted on Ukraine by Russia’s invasion, estimated by the World Bank at more than $400 billion over the next decade.
(Bloomberg) — German Foreign Minister Annalena Baerbock made a fresh appeal for private investors to contribute to the “colossal” cost of reversing the damage inflicted on Ukraine by Russia’s invasion, estimated by the World Bank at more than $400 billion over the next decade.
“It gives me great hope that many German companies are still active in Ukraine despite the war,” Baerbock said ahead of Wednesday’s Ukraine Recovery Conference in London. The talks, which aim to secure government and business backing for the reconstruction effort, should be seen as “an investment fair for private companies,” she said.
In his evening address, Ukrainian President Volodymyr Zelenskiy announced that he plans later this month to present “the full vision” of Ukraine’s transformation and said the rebuilt country will be a “guarantor of security” and “protection against any repetition of Russian aggression.” Kremlin forces attacked the western Khmelnytskyi region early on Wednesday with six drones and all were shot down, according to a Ukrainian Air Defense statement on Telegram.
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