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Davos Push Aims to Pair $800 Billion Ukraine Deal With U.S.-Backed Security Guarantees

Trump's claim that Kyiv is slowing a peace deal raises new doubts over his commitment.

Overview

  • G7 and EU leaders plan a Jan. 22 Davos meeting with President Trump and President Zelenskyy to secure U.S.-anchored security guarantees for Ukraine after a potential ceasefire.
  • The United States and Ukraine are expected to finalize an approximately $800 billion Prosperity Deal at Davos to finance postwar reconstruction through loans, grants and private capital.
  • Special envoy Steve Witkoff says proposed security protocols are largely complete and unprecedentedly strong, with Witkoff, Jared Kushner and Secretary of State Marco Rubio slated for the U.S. delegation.
  • Trump told Reuters he sees Vladimir Putin as more ready for a deal than Kyiv, a view at odds with prior U.S. intelligence assessments of Russia's aims.
  • Formal negotiations have not included Russia, leaving Moscow's acceptance unclear, as European officials stress that nothing proceeds without U.S. participation and Keir Starmer considers attending.