Zelensky Diplomacy: Wine and Dine with World’s Wealthiest to Revitalize War-Torn Ukraine

Volodymyr Zelensky’s pivotal address in New York City last week wasn’t at the UN, but in an exclusive meeting with billionaire financiers, including Henry Kissinger, Robert Kraft, and José ­Andrés. Zelensky, the Ukrainian president, emphasized the importance of investments that benefit both Ukraine and the investors. He impressively fought against Vlad Putin’s aggression, and his UN speech condemned Russia’s actions and appealed for continued assistance.

However, it was the private meeting that truly captivated observers. Zelensky needs not only the aid of the US government, but also the support and financial backing of these influential figures to ensure Ukraine’s prosperity beyond the conflict with Putin. Megabank JP Morgan arranged the meeting at Ukraine’s Permanent Mission, with Mary ­Erdoes and Vince La Padula, who have a deep understanding of Ukraine, serving as hosts.

Private investment

Erdoes and La Padula have been appointed as Ukraine’s financial advisors, tasked with raising a private investment fund for the country’s reconstruction. The gathering attracted a wealth of potential investors, including Dan Lubetzky, who heads the creators of KIND nutrition bars, and billionaires such as Mike Bloomberg, Ken Griffin, Eric Schmidt, Robert Kraft, Jona­than Gray, Barry Sternlicht, and Bill Ackman.

Bloomberg particularly engaged with Zelensky, inquiring about the economy and the significance of standing up to dictators. Zelensky’s pitch emphasized the parallel between negotiating with Putin and Europe’s ill-fated negotiations with Hitler. He acknowledged the importance of capitalism and the rule of law, emphasizing that corruption hinders private investment and must be addressed.

Zelensky also addressed concerns about corruption, explaining that there are obstacles in the government system preventing him from fully combating it. While this response didn’t elicit an immediate commitment, Zelensky’s compelling pitch about Ukraine’s potential after the war garnered attention. Western Ukraine offers a peaceful environment and business opportunities.

In conclusion, Zelensky’s meeting with influential investors sparked intrigue and anticipation for Ukraine’s future. However, the challenge of dismantling corruption remains before significant private investment can be secured.

Reference

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