President Donald Trump’s 28-point peace plan for Ukraine, drafted by his envoy Steve Witkoff, has angered European diplomats and officials over a clause that would allow the U.S. to manage $100 billion in frozen Russian assets meant to “be invested in U.S.-led efforts for Ukraine’s reconstruction and investment,” reported Politico.
The document also said the U.S. “will receive 50% of the profit from this activity. Europe will add another $100 billion to increase total investment available for Ukraine’s recovery. Frozen European-held Russian funds will be unfrozen.”
The remainder of the assets would be invested in “a separate U.S.-Russia investment instrument, to be used for joint American-Russian investment projects in sectors strengthening global stability and mutual economic interests.”
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