Participants pose for an official closing group photo during the Ukraine Recovery Conference URC on Tuesday, July 5, 2022 in Lugano, Switzerland. The URC is set to begin the political process for the recovery of Ukraine after the invasion of Russian territory. AP / PTI photo
LuganopA top US diplomat on Tuesday called on Ukraine’s war-torn country to meet its “urgent and urgent” needs – not just long-term reconstruction – as several countries wrapped up a two-day conference aimed at helping Ukraine recover. From the war in Russia when it will one day end.
Scott Miller, the U.S. ambassador to Switzerland, added a dose of urgency to the Ukraine Recovery Conference in Lugano, in which the Ukrainian prime minister presented a पूर्वी 750 billion plan a day earlier to help his country recover now – where possible – as well. Immediately and long after the war.
Many attendees pointed out that the effort is likely to take several years and that reconstruction must take place in several phases. Some called for support for Ukraine in the wake of the US Marshall Plan for Europe after World War II – a sign of a larger long-term project.
“While we recognize the importance of preparing for Ukraine’s future, we must all live up to our commitment to provide Ukraine with its immediate and immediate needs,” said Miller, one of several government envoys protesting Russia’s war and describing in detail their support for Ukraine. However, some warned that quick fixes were not possible. “I really understand that we have to be ready overnight – to start tomorrow,” Swiss President Ignacio Cassis told reporters. “But we declare clearly: this is the first step in a long journey.”
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Ukraine’s Prime Minister Denis Schmihal, backed by Cassis, warned that his government would carefully select immediate projects for the reconstruction of places such as schools, hospitals and other infrastructure as the war raged, as Russian forces could “destroy” them again. “It will be an incomplete process,” Schmidt said, referring to a comprehensive “rapid recovery” in the second phase. “So we have to wait for the war action to be completed and then start this quick recovery.”
He hopes to lock down and use about $ 300 billion to $ 500 billion in Russian-owned assets frozen in several Western banks to help pay for Ukraine’s reconstruction. Such money could complement Ukraine’s own hugely strained budget, as well as cash from foreign allies. “As an aggressor for the civilized world, Russia – and other potential future aggressors – must understand that this aggressor will have to pay the price for unprovoked aggression,” he said.
“Russia should pay for it,” he said. Cassis, however, pointed to the legal complications of such an initiative to prevent such Russian funding, saying “the right to property is a fundamental right – it is a human right.” Switzerland has frozen 6.3 billion Swiss francs (about $ 6.5 billion) in Russian assets, while the Swiss Bankers Association estimates that 150-200 billion francs of total Russian-owned assets are in Swiss financial institutions.
The Swiss leader said that sometimes fundamental rights can be violated – as was done in some cases at the height of the Covid-19 epidemic – but first you have to create a legal basis for such a move. “You have to make sure the citizen is protected from the power of the state,” Cassis said.
The final document, dubbed the “Lugano Declaration”, aims to help Ukraine recover – including government transparency, respect for the environment, and the fight against corruption that has plagued the country since its secession from the Soviet Union. Union three decades ago.
Many said the EU’s plan to one day join Ukraine could help the reform process.
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