**French Trade Chief Visits Ukraine Amid US Aid Cuts**
Minister delegate for Foreign Trade Laurent Saint-Martin has arrived in Kyiv at a critical time. The United States is reducing its aid to Ukraine, and President Donald Trump wants a trade deal that would give the US rare earth minerals from Ukraine in exchange for new support.
**France Offers Different Approach**
Saint-Martin’s visit comes as European leaders are wary of Trump’s unilateral claim. German Chancellor Olaf Scholz called it “very egoistic” and “self-centered.” Saint-Martin sees France’s role as supporting Ukraine with economic aid, reconstruction projects, and joint investment initiatives that benefit both France and the EU.
**Rebuilding Ukraine**
The €200 million grant fund will be used for reconstruction projects in health, infrastructure, energy, demining, and agriculture. Saint-Martin says France has expertise to support these projects, particularly in low-carbon energy production and digital technology.
**France’s Advantage**
Saint-Martin believes that French companies can add value in sectors like decarbonization and rare mineral exploitation. He emphasizes the importance of collaboration with the US, prioritizing complementarity over competition.
**Progress in Ukraine’s Reconstruction**
French companies have been involved in Ukraine’s reconstruction efforts since the war began. Saint-Martin notes significant progress, particularly in financing capacity. The initial French fund has received requests for projects worth over €750 million, demonstrating potential for future collaboration.
**Ukrainian Companies Involved**
Saint-Martin highlights close cooperation with Ukrainian companies across various sectors. This includes investing in new economic directions like decarbonization and rare mineral exploitation, which can strengthen Ukraine’s position within the European production chain.
**France and EU on Gas Contract with Russia**
Regarding Ukraine’s decision not to renew its gas contract with Russia, Saint-Martin emphasizes that the real issue is transit, not consumption. Ongoing discussions in Brussels aim to address this, ensuring alternative solutions for gas supply.
