Washington – London: Europe and the Arabs – Agencies

The British newspaper The Telegraph, citing sources, reported that the US and Ukrainian governments will sign a bilateral agreement on post-war reconstruction worth approximately $800 billion and security guarantees.

According to the newspaper, US President Donald Trump may meet with Volodymyr Zelensky on the sidelines of the World Economic Forum in Davos, Switzerland, where they will discuss all the details of the future agreement.

The plan calls for raising $800 billion "over a decade." This is expected to help Ukraine attract a range of investments, including from private companies.

The newspaper did not mention whether an agreement on the creation of a "security force" to be deployed in Ukraine would be signed on the sidelines of Davos.

Furthermore, the newspaper's sources reported that Zelensky was prepared to meet with the US president in the United States, but European leaders dissuaded him from the trip and rescheduled the meeting for Davos. They also advised him not to rush into trying to hold negotiations with the US president. The World Economic Forum in Davos, a Swiss non-governmental organization, holds annual meetings that bring together business leaders, politicians, and experts from various fields. The forum boasts nearly a thousand member companies and major organizations. In 2026, the forum will be held from January 19 to 23, under the theme "The Spirit of Dialogue." According to the Egyptian news website Youm7, US President Donald Trump stated that while the United States seeks to resolve the conflict in Ukraine, it is profiting financially from selling weapons to allies who then supply them to Kyiv.

During an event at the White House, Trump said, "We're not losing money; we're making a lot of money because we're selling military equipment that they will likely give to Ukraine later." He emphasized that the United States "receives full value" for the weapons sold in this way through NATO.

However, he stressed that financial gain is not the top priority, saying, "Money is not the top priority. We want to resolve the conflict, and we care about people's lives." This statement comes amid Russia's consistent position that Western arms supplies to Ukraine hinder a settlement of the conflict and are a means of "directly drawing NATO countries into it."

Russian Foreign Minister Sergey Lavrov has repeatedly warned that any arms shipments to Ukraine would be a "legitimate target" for Russian forces. The Kremlin has also asserted that "the West's influx of weapons into Ukraine does not contribute to negotiations and will have a negative impact."

Meanwhile, British Defense Secretary John Healey announced that Britain has allocated £200 million to fund preparations for the potential deployment of a multinational force to Ukraine after the conflict ends.

During his visit to Kyiv, Healey explained that "the British government has allocated £200 million ($268 million) to prepare for the possible deployment of British troops to Ukraine after a ceasefire."

He added that "these funds will be used to upgrade vehicles and communications systems, introduce new counter-drone capabilities, and provide additional personnel protection equipment to ensure the forces are ready for deployment if necessary." The British Ministry of Defence confirmed that "the funds are being allocated from the Ministry of Defence's main budget, and that funding these efforts is intended to demonstrate that London intends to lead a multinational force for Ukraine."

Moscow, meanwhile, asserted that the Western security guarantees plan for Kyiv are not conducive to peace and warned that Russia would consider the deployment of Western troops and military installations in Ukraine an intervention that constitutes a direct threat to its security.

It also indicated that all such units and installations would be considered legitimate military targets for Russian forces, as Moscow has repeatedly warned at the highest levels.