Russia-Ukraine war live news: leaders gather to work out ‘Marshall Plan’ to rebuild Ukraine; Zelenskiy vows to retake Lysychansk

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Russia-Ukraine war live news: leaders gather to work out ‘Marshall Plan’ to rebuild Ukraine; Zelenskiy vows to retake Lysychansk
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The effort to rebuild Ukraine will require ‘colossal investments’, Volodymyr Zelenskiy says; Russia claims control of Ukraine’s eastern Luhansk region

Leaders from dozens of countries, international organisations and the private sector are set to gather in Switzerland today to hash out a ‘Marshall Plan’ to rebuild war-ravaged Ukraine.

Lugano is not a pledging conference, but will instead attempt to lay out the principles and priorities for a rebuilding process aimed to begin even as Russia’s war in Ukraine continues to rage, according to AFP. An elderly woman walks next to a building damaged by an overnight missile strike in Slovyansk, Ukraine.One of the goals of the conference will be to sketch out a vision of a Ukrainian economy that dovetails with Europe, providing specialisms in agriculture, renewable energy and technology sectors.

In all, around 1,000 people are scheduled to participate in the conference, including European Commission President Ursula von der Leyen, several government chiefs and numerous ministers, according to AFP.Kyiv School of Economics has estimated the damage done so far to buildings and infrastructure at nearly $104bn.

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