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Ukraine Hosts European Security Advisers, Unveils $800 Billion Plan Ahead of Paris Summit

Updated (2 articles)

Advisers Gather in Kyiv to Shape Security Guarantees On January 3, 2026, eighteen national security advisers from European and allied nations convened in Kyiv to review documents on multilateral security guarantees and a massive economic support package [1][2]. President Volodymyr Zelenskyy confirmed that all discussion papers had been shared with the delegation, signaling a coordinated push toward a diplomatic resolution [1][2]. The advisers examined a framework that positions Ukrainian forces as the frontline, European‑led troops for reinforcement, and a U.S. backstop for additional support [1][2].

Zelenskyy Announces Cabinet Reshuffle Amid Talks During the same session, Zelenskyy revealed a reshuffle: Denys Shmyhal will become energy minister and first deputy prime minister, Mykhailo Fedorov will assume the defense portfolio, and General Kyrylo Budanov will serve as chief of staff [1][2]. The changes aim to streamline Ukraine’s war effort and align leadership with forthcoming international negotiations [1][2]. The reshuffle was presented as part of a broader strategy to accelerate reforms tied to the upcoming economic package.

$800 Billion Economic Package Gains Consensus Deputy Prime Minister Taras Kachka disclosed that partners have reached a consensus on an approximately $800 billion package spanning ten years to fund reconstruction, damage repair, and growth initiatives linked to EU reforms [1][2]. Roughly $500 billion of the sum is expected to come from public grants and concessional loans, though exact funding sources remain under discussion [1][2]. Detailed allocation plans are slated for development in the weeks leading up to the Paris summit.

Paris Summit Scheduled to Finalize Guarantees Zelenskyy outlined a rapid follow‑up itinerary: meetings in Paris on Monday with Ukraine’s General Staff, a Tuesday gathering of European leaders, and subsequent talks with U.S. representatives to finalize the security guarantees [1][2]. These sessions are intended to transition the multilateral framework from Kyiv to the capitals of coalition partners, including Canada and Japan [1][2]. The Paris summit is positioned as the decisive forum for cementing the security and economic agreements.

Kharkiv Missile Attack Highlights Ongoing Threats While diplomatic efforts progressed, a Russian missile strike on Kharkiv raised the civilian death toll to two, including a three‑year‑old child, underscoring the persistent danger on the ground [1]. The incident was cited by Kyiv officials as a reminder of the urgency behind the proposed security guarantees and international support.

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Timeline

Jan 3, 2026 – European national security advisers gather in Kyiv, meeting with President Zelenskyy to discuss security guarantees and an $800 billion economic support package; Zelenskyy confirms all discussion documents have been shared with the 18 advisers [1][2].

Jan 3, 2026 – Zelenskyy announces a cabinet reshuffle: Denys Shmyhal will become energy minister and first deputy prime minister, Mykhailo Fedorov will replace him as defence minister, and Gen. Kyrylo Budanov will serve as chief of staff [2].

Jan 3, 2026 – A Russian missile strike on Kharkiv kills two people, including a 3‑year‑old boy, underscoring the ongoing security threats even as diplomatic talks proceed [2].

Jan 6, 2026 – Zelenskyy travels to Paris for a meeting with Ukraine’s General Staff to advance the multilateral security guarantee framework, which envisions Ukrainian forces as the front line, European‑led troops in Ukraine, and a U.S. backstop [1][2].

Jan 7, 2026 – European leaders convene in Paris for a second summit to finalize the security guarantees and to coordinate the $800 billion reconstruction and growth package, with details to be refined in the coming weeks [1][2].

Jan – Feb 2026 (coming weeks) – International partners work out the specifics of the $800 billion economic package, targeting roughly $500 billion in public grants and concessional loans to fund damage repair, reconstruction, and a growth booster tied to EU reforms [1][2].