News Summary

Author: NICOLE WINFIELD Associated Press, ABC News
Published on: 10/07/2025 | 05:15:24

AI Summary:
Italy is hosting the fourth annual conference on rebuilding Ukraine. It invites political and business leaders to Rome to promote public-private partnerships on defense, mining, energy and other projects. The aim of the conference is to pair international investors with Ukrainian counterparts. It’s the fourth such recovery conference on Ukraine’s recovery, with earlier editions in Lugano, Switzerland in 2022, London in 2023 and Berlin last year. The Berlin conference elaborated four main pillars that are continuing in Rome to focus on business, human capital, local and regional issues. World Bank Group, European Commission and the United Nations have estimated that the recovery after more than three years of war will cost $524 billion. Special representative for Ukraine negotiations, Kurt Volker, says Meloni could make the conference a success if she endorses a coordinating agency to provide follow-up that would give "focused political leadership" Ukraine can be expected to experience double-digit economic growth.

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