Bessent says financial partnership will defend Ukrainians and US taxpayers

(Reuters) – An financial partnership between Ukraine and the U.S. would profit each nations, U.S. Treasury Secretary Scott Bessent wrote in an opinion piece for the Monetary Occasions on Saturday.

Bessent wrote within the newspaper that the U.S. has proposed that income obtained by Ukraine’s authorities from pure assets, infrastructure and different belongings could be allotted to a fund targeted on the long-term reconstruction and improvement of Ukraine, with the U.S. having financial and governance rights in these future investments.

(Reporting by Gursimran Kaur in Bengaluru; Modifying by Paul Simao)