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Bessent says economic partnership will protect Ukrainians and US taxpayers
Published by Global Banking & Finance Review®
Posted on February 22, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 22, 2025
1 min readLast updated: January 26, 2026
Scott Bessent suggests a US-Ukraine economic partnership to aid reconstruction and benefit taxpayers, focusing on long-term development.
(Reuters) - An economic partnership between Ukraine and the U.S. would benefit both countries, U.S. Treasury Secretary Scott Bessent wrote in an opinion piece for the Financial Times on Saturday.
Bessent wrote in the newspaper that the U.S. has proposed that revenue received by Ukraine's government from natural resources, infrastructure and other assets would be allocated to a fund focused on the long-term reconstruction and development of Ukraine, with the U.S. having economic and governance rights in those future investments.
(Reporting by Gursimran Kaur in Bengaluru; Editing by Paul Simao)
Scott Bessent proposed that revenue received by Ukraine's government from natural resources and infrastructure would be allocated to a fund focused on supporting economic stability.
The economic partnership is expected to protect US taxpayers by ensuring that Ukraine's economic resources are managed effectively, ultimately benefiting both nations.
Scott Bessent is the U.S. Treasury Secretary who wrote an opinion piece advocating for the economic partnership between Ukraine and the United States.
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