Copyright © 2024 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

The US-EU joint statement reaffirms long-term support for Ukraine

The US and EU urge Russia to withdraw its troops from the entire territory of Ukraine, including occupied Crimea.
EU Ukraine flags
Ukraine, EU flags on Kyiv’s central street Khreshchatyk. Credit: giz.de
The US-EU joint statement reaffirms long-term support for Ukraine

On 20 October, the United States and the European Union reaffirmed their “steadfast support” for Ukraine, listing reforms and priorities for post-war reconstruction of Ukraine, according to the EU-US summit joint statement.

The US-EU summit joint statement supported the key principles and objectives of Ukraine’s Peace Formula. In the statement, the US and EU urged Russia “to withdraw its military forces and proxies and military equipment immediately, completely, and unconditionally” from the entire internationally recognized territory of Ukraine, including annexed Crimea.

Ukraine’s formula for peace: Russia withdraws from Ukraine, returns POWs and deportees, pays reparations – Zelenskyy

The US-EU statement noted that Russia should fail in destroying the Ukrainian economy and that efforts to support Ukraine should be taken with no delay.

The Ukraine Plan should contain a common set of short-term priority economic, rule of law, and democratization reforms, as well as a prioritized and well-coordinated approach to recovery and reconstruction assistance and investment, the US-EU summit joint statement stressed.

The statement specifically reaffirmed that the US and EU will continue to provide Ukraine with funding to protect, repair, and rebuild its energy sector under EU standards.

“We [the US and EU – ed.] recognize Ukraine’s commitment and progress in implementing reforms and emphasize the strategic importance of the EU accession process,” the statement added.

The statement also mentioned the possibility of transferring frozen Russian assets to support Ukraine and its recovery.

“As part of our efforts to aid Ukraine, in the short term, we will explore how any extraordinary revenues held by private entities stemming directly from immobilized Russian sovereign assets, where those extraordinary revenues are not required to meet obligations towards Russia under applicable laws, could be directed to support Ukraine and its recovery and reconstruction in compliance with applicable laws, according to the statement.

According to the statement, the US and EU plan to deepen their joint work “to undermine Russia’s ability to wage its war” and maintain and expand its defense industrial base and capacity.

Related:

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here


    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts