Priyanka Tiwari
Share
Ukraine entered the fourth year of war with: It has been four years since the Russia-Ukraine conflict commenced. The question remains: when will the war conclude and on what terms? Ukraine is experiencing anxiety with Trump’s rule in America. Ukraine's weakening economy is nearly opaque. Ukraine's protracted warfare has resulted in an economic recession, and they are suffering deeply. Ukraine has been exhausted, but with great effort, they are putting up a fight against Russia. This can be understood by how Russians once said,' It was like there was no good for Moscow in the war'. This says a lot about the Russian economy, it to is under inflation’s curse.
Does resignation spectrum signify the end of the war?
Ukrainian President Zelensky has claimed that he is willing to resign if the right deal is made. However, he has managed to take a jab at the US and Europe at the same time, by saying this. Zelensky has showed his frustration towards the Western leaders when he remarked, “I will resign from the post of President of Ukraine, should Ukraine enter NATO.” Let us not forget that he has in the last three years shown every world leader quietly how by spending a few moments with Trump is guaranteed to send him into overdrive. Like, he is not budging an inch, metaphorically speaking.
Zelensky is angry?
A Reuters article reveals how agitated and uncomfortable Zelensky looked, for a painfully brief moment, when asked about being willing to step down from his position in a press conference. Afterwards, knowing that he is on stage and others have to watch and listen to him, he controlled himself and stated, “If for you (it means) peace for Ukraine, if you really want me to leave my post, then yes, I am ready. But I have one condition, entry into NATO and my resignation... deal done?”
America's stance changed 180 degrees.
Trump has been describing Ukraine as a dictatorship demanding elections to be held and since January 20 post his second swearing in, he has had no choice but to ‘persuade’ Zelensky.
America stands against Ukraine. There is also split opinion among the American journalists and media personalities. Some regard Zelensky as a dictator while others portray him as a comedian who has put his country into a war. Speaking of Trump, he too appears to blame Zelensky as having caused the Russian assault on Ukraine.
His crusade against Zelensky dictates that his health issues need to be berated looking at the strained relations that the two have faced recently. He has always been skeptical about the situation in Ukraine bolstering the ousting of Zelensky's regime to which the latter has shown reluctance to do while stating that he is not in a position to wage elections in the midst of warfare, a claim that is also posited by the opposition of Zelensky.
To summarize, outlines that have been drawn so far point towards a notion that claims there will be certain barriers that will block the willingness stated by Zelensky.
Wishing Trump would take up the role of a mediator between the two countries is worrisome for the President of Ukraine as he had the opposite sentiment. The mention of Trump allowing the rally of citizens on the Ukrainian soil is alarming and poses a notion of uneasiness stating ‘I cannot endorse a deal that isn’t transparent and fair because these are terms that will be put forward to the people of Ukraine and the warring parties without any moderation from them will lead to violence which we refuse to accept.’
Trump, in this case, attempts to restore the international relations that were shattered by Putin's declaration of war against Ukraine since the US government needs to pay the enormous amounts of funds provided as assistance to Ukraine during the conflict against Russia.
With this in mind, the US is trying to reach a deal with Ukraine to obtain mineral resources. Some people in the Trump administration say that this particular deal is what they consider as repayment for the previously supplied wartime support to Ukraine by the US President Biden. At the same time, Ukraine now wants written guarantee of compensatory benefits from the US in return for the mineral resources. Zelensky realizes that the economy is reliant on bailout money and is engulfed in a war with Russia for three years.
Ukraine not in the scene
To normalize the situation in Ukraine, Uhblcr oexslz meed money and is necessitated tonesmonitor exhsefsgint for itself oesssbxy. It should be said that there is a change in the talk and now the Trump administration is talking to Moscow forrestoring diplomatic relations with RF, especially for that part of the talks which relates to cessation of the war. Up to now, Kiev has been barred from the exchanges.
The impact of the Russo-Ukrainian conflict on both economies
From the onset of the conflict, geopolitical analysts and economic specialists were confident that the brave conflict led by Putin against Ukraine would cause disruption on a global scale. This prediction has come through to an extent. Both countries continue to be affected by this conflict on a day to day basis. The data released for inflation shows a persistent increase on both sides. Russians are experiencing a price increase of 9.5 percent. While Ukrainians are experiencing over 12 percent price increase.
Meanwhile, International Monetary Fund (IMF) data states that at the beginning of the conflict Russia's GDP was recorded at -1.3 percent however, post the war it had advanced to 3.6 percent in the span of two years. Russia’s economy is also clouded with the threat of a new crisis.
The Russian minister Maxim Reshetnikov has reported ‘According to the results of November and December, the growth rate has slowed down. There is recession in industries. There is no growth, especially in the food processing industry, chemical industry, wood production and machine manufacturing sectors. New orders are not being received.’
Based on the article that appeared in The Guardian, 'Russia has managed to pull itself together, despite enduring sanctions by the US and Europe. The Russian Ministry of Finance appears to be meticulously combing through each and every penny. There seems to be an attempt to contain inflation as much as possible while also allowing some degree of economic growth. Russian Factories have maintained the supply of raw materials and other essential goods that are required core to the war effort.
Putin’s government has enabled the sale of all types of oil and natural gas as well as nickel and platinum. Some norms are permitted to be eased, while others are being outright altered. So, the Russian economy, which appeared to be having a hard time 18 months ago, has managed to regain some power.
At the same time, Ukraine is in a relatively stronger position as an independent state. The inflow of dollars from America until December 2024 is expected to further improve its economic growth. Surprisingly, three years back, the economic condition of Ukraine was quite dire. A GDP decrease of 36% was seen in 2022, however, improvement is expected in 2023 and 2024.”
Reserves of metals is the biggest strength of Ukraine
As per the estimation provided by the Ministry of Finance of Ukraine, the GDP growth forecast for this year is now expected to reduce to 2.7 percent. Ukraine retains a strong grip of its electricity market while having a solid hold of its metal reserves. It is estimated that Ukraine possesses over $11 Trillion US dollars worth of metals, a fraction of which are rare and precious metals. These dollars could cover the demand for the next decade. Some circumstances were as they were, and then some circumstances were altered... otherwise how would Ukraine have fought against Russia for the last 10 years?
Read More: The Massive Fleet Why Trump is Sending a Second Aircraft Carrier to Iran’s Doorstep
