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Zelenskyy Requests Recovery Plan For Ukraine

Comfort Ampomaaby Comfort Ampomaa
June 13, 2024
Reading Time: 4 mins read
Ukrainian President, Volodymyr Zelenskyy and G7 leaders.

Ukrainian President, Volodymyr Zelenskyy and G7 leaders.

In his speech at the G7 Summit, Ukrainian President, Volodymyr Zelenskyy called a recovery plan for Ukraine.

“We need a clear plan for the recovery. Similar to the Marshall Plan for Europe after the war,” he said.

He expressed gratitude to the G7 for its joint security declaration, which was adopted last year on July 12.

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“Today, as part of this declaration, we are signing two more security agreements with the United States and Japan,” he said.

“By doing so, we are completing the security architecture of relations between Ukraine and G7,” he noted.

Also, Zelenskyy noted that the recent permission to use Western weapons outside Ukraine’s territory to defend Kharkiv and other cities has strengthened defense against Russian attacks.

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“But we are still looking for additional “Patriots”, and need to continue to take the same strong steps as were taken for our long-range capability. I also ask you to do everything you can to accelerate our transition to the F-16, which means speeding up pilot training and increasing the number of training facilities for pilots.” 

Volodymyr Zelenskyy

Additionally, Zelenskyy asserted that it is fair that Russia is the one to pay for the damage caused by the Russian war, as he urged for support for the plan to use Russian assets.

“We also need to create a working mechanism for confiscating Russia’s $300 billion in frozen assets,” he added.

Moreover, Zelenskyy mentioned the upcoming Peace Summit.

He said, “The day after tomorrow, we can take a real step towards a just peace for our country and for the whole of Europe – the inaugural Peace Summit will take place.”

Ukraine And Japan Sign Agreement

ab3d7eafb4220f9479e10643866871bb 1718292679 extra large 1
President of Ukraine, Volodymyr Zelenskyy and Prime Minister of Japan Fumio Kishida sign bilateral Accord.

In Italy, President of Ukraine, Volodymyr Zelenskyy and Prime Minister of Japan Fumio Kishida signed a bilateral Accord on Support for Ukraine and Cooperation between Ukraine and the Government of Japan.

This is the first security agreement concluded by Ukraine in pursuance of the G7 Joint Declaration with a non-NATO country and a country in the Asia–Pacific.

The document sets out the main directions of Japan’s long-term support in the areas of security and defense, humanitarian aid, recovery and reconstruction.

According to the agreement, This year, Japan will provide Ukraine with $4.5 billion. Japan will continue to provide assistance throughout the ten-year term of the accord.

In total, the amount of assistance provided by Japan since March 2022 will exceed $12 billion.

The document also provides for the transfer of non-lethal equipment to Ukraine, subject to Japan’s constitutional restrictions, and establishes further development of cooperation within the capability coalitions of which Japan is a member, in particular, IT and demining coalitions.

Japan will provide medical treatment for wounded Ukrainian soldiers, cooperate with Ukraine in the areas of intelligence and protection of classified information, strengthening the protection and reconstruction of critical infrastructure, enhancing cyber and information security, and ensuring free navigation and security of sea lanes.

Japanese partners will also help with the recovery and reconstruction of Ukraine by engaging the private sector and Japanese government agencies.

A separate block of the agreement concerns cooperation in the field of industry, where Japan holds a leading position in the world. The two countries will explore opportunities to develop Ukraine’s industrial base, in particular by attracting the private sector, creating joint ventures, and conducting research. 

Japan will continue to support the Ukrainian Peace Formula, strengthen sanctions against Russia, cooperate in developing a mechanism for compensation for losses, including through Russian sovereign assets, and in bringing the aggressor to justice.

Japan will also further help Ukraine to enhance nuclear security, in particular in the context of protecting the Zaporizhzhia Nuclear Power Plant.

READ ALSO: Stonebwoy Explains Reason for His No-show at Baba Sadiq’s SallahFest

Tags: Fumio KishidaJapanPresident Volodymyr ZelenskyyUkraineUkraine peace summit
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