Russia's ghost loomed over Ukraine peace summit - POLITICO Europe

The first major international summit focused on Ukraine's post-war reconstruction took place in London, with the ghost of Russia looming large over the proceedings. While Russia's invasion was the driving force behind the need for reconstruction, it was not mentioned explicitly in the final declaration of the conference. The summit's focus was on practical steps and commitments for rebuilding Ukraine, drawing in investors and international support to revitalize its economy. The UK pledged an additional £3 billion in aid, and the World Bank announced a new $1.5 billion package. 500,000 homes need rebuilding, and the country faces a long, complex reconstruction effort. While Russia's absence was felt, the summit served as a signal of international solidarity with Ukraine and its desire to rebuild. The summit was not only about reconstruction but also about Ukraine's future. Ukrainian President Volodymyr Zelenskyy presented his “Peace Formula” — a 10-point plan to end the war, aiming for international legal guarantees of security for Ukraine. However, Russia's refusal to engage in talks leaves the plan in limbo, casting a shadow over the future of peace talks. The summit's key outcome was a commitment to a new framework for post-war Ukraine, with the aim of setting up a new international body to oversee its reconstruction and provide long-term support. The summit served as a call for a new era of stability and prosperity for Ukraine, emphasizing the importance of international cooperation and resilience in the face of Russia's aggression.

Summary

"The London summit marked a pivotal step in Ukraine's post-war reconstruction efforts, highlighting international support for its future. However, Russia's absence and the lack of progress in peace talks cast a shadow over the long-term prospects. The summit served as a reminder of the complex challenges ahead, with the need for sustained international commitment and a clear path toward peace remaining crucial."