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US to Help Fund Ukraine Reconstruction With Russian Assets: State Department Official

US to Help Fund Ukraine Reconstruction With Russian Assets: State Department Official
A Russian guard patrols in an area of the Zaporizhzhia Nuclear Power Station in territory under Russian military control, southeastern Ukraine, on May 1, 2022. AP Photo
Andrew Thornebrooke
National Security Correspondent
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The Biden administration is planning to help fund the $400 billion reconstruction of Ukraine after the Russian invasion ends and to turn the Eastern European nation into a new center for European energy production, according to a senior State Department official.

The United States will help to provide the massive sum by selling of assets seized from Russian oligarchs and providing the proceeds to Ukraine, said Under Secretary of State Victoria Nuland during an April 13 speech at the U.S. Chamber of Commerce.

Andrew Thornebrooke
Andrew Thornebrooke
National Security Correspondent
Andrew Thornebrooke is a former national security correspondent for The Epoch Times covering China-related issues with a focus on defense, military affairs, and national security. He holds a master's in military history from Norwich University.
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