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.
“We will help Ukrainian cities and towns and villages so displaced Ukrainians can return home without fear, reunite with their loved ones, and get back to their businesses, their farms, and to the work of building a peaceful democratic future,” Nuland said….