Valeriy Zaluzhny, former head of Ukraine's armed forces and current ambassador to Britain, has condemned the US over its 'failure to view Russia as an aggressor'. EPA
Valeriy Zaluzhny, former head of Ukraine's armed forces and current ambassador to Britain, has condemned the US over its 'failure to view Russia as an aggressor'. EPA
Valeriy Zaluzhny, former head of Ukraine's armed forces and current ambassador to Britain, has condemned the US over its 'failure to view Russia as an aggressor'. EPA
Valeriy Zaluzhny, former head of Ukraine's armed forces and current ambassador to Britain, has condemned the US over its 'failure to view Russia as an aggressor'. EPA

Russia must pay to rebuild Ukraine as price of peace, says Zelenskyy’s sacked top general


Thomas Harding
  • English
  • Arabic

Russia will have to pay for the reconstruction of Ukraine in any peace deal, a potential future leader of the country has demanded.

In a statement made in London, Gen Valeriy Zaluzhny, who was sacked as commander-in-chief by Ukrainian President Volodymyr Zelenskyy just over a year ago, also warned that the cohesion of the Nato alliance was at stake with America attempting to “delegate” security to Europe.

“We can say that in the near future, Nato will stop existing,” said the former commander and Kyiv's current ambassador to the UK.

The more fundamental challenge is to fully bring our armed forces into the modern era
Luke Pollard,
British Armed Forces minister

He also accused US President Donald Trump’s administration of helping to “destroy” the postwar world order that has kept the peace for the past 80 years by the White House’s failure to view the Kremlin as the aggressor.

“It's not just the 'Axis of Evil' and Russia trying to revise the world order, but the US is finally destroying this order,” he told a conference at Chatham House think tank in London.

A damaged hotel building hit by a Russian missile strike in Kryvyi Rih, home town of Volodymyr Zelenskyy. Reuters
A damaged hotel building hit by a Russian missile strike in Kryvyi Rih, home town of Volodymyr Zelenskyy. Reuters

A Russian missile struck a hotel in the central Ukrainian city of Kryvyi Rih late on Wednesday, killing four people and injuring 32. Rescuers were still searching on Thursday morning for anyone trapped in the rubble, officials said.

A group of humanitarian volunteers from Ukraine, the US and Britain had checked into the hotel shortly before the strike but survived after taking shelter quickly, Mr Zelenskyy said.

Kryvyi Rih, Mr Zelenskyy's hometown, has been a frequent target since Russia launched its full-scale invasion of Ukraine three years ago.

Valeriy Zaluzhny is popular in Ukraine, to the point where some believe he could be its next president. AFP
Valeriy Zaluzhny is popular in Ukraine, to the point where some believe he could be its next president. AFP

Aggressor pays

Gen Zaluzhny, who was appointed ambassador to Britain shortly after his dismissal as armed forces chief in February last year, set out his terms for a lasting peace agreement that includes Russia paying to rebuild heavily damaged parts of Ukraine.

“We should get very realistic security guarantees, and it can and should hope for the full recovery of Ukraine at the expense of the aggressor state that attacked Ukraine,” he said, speaking via a translator.

He also raised the possibility that Kyiv could re-examine its nuclear status – the country gave up its Soviet-era stockpile, then the third-largest in the world, in the 1994 Budapest memorandum.

“Ukraine doesn't have its own nuclear weapon, so it pays for its freedom with its blood,” he told the conference but then later avoided a question on the issue.

Several peace deals have been proposed, the most prominent so far being French President Emmanuel Macron’s suggested four-week truce in the air, sea and on both sides’ energy infrastructure, but not ground fighting in the east.

Mr Zelenskyy has proposed his own peace plan stating that he was willing to sign a deal giving US access to an estimated $500 billion of mineral wealth in Ukraine, potentially in return for US security guarantees.

There now appears growing disquiet in Europe over Washington’s new stance, with a YouGov poll of five European countries showing that a majority considered Mr Trump a threat to peace in the region.

In Britain, 78 per cent believed the US leader posed a threat that was only marginally short of their view of Russian President Vladimir Putin (89 per cent).

Further, if Europe was attacked then only between 18 per cent and 39 per cent those polled in the countries that also included Italy, Germany, France and Spain, thought that the US would come to Nato’s aid.

Inflaming Trump

His comments will almost certainly inflame Washington, after the public humiliation of Mr Zelenskyy in the White House last Friday that he rowed back on with an apology this week.

With the current Ukrainian leader’s position also being questioned, particularly from the Trump administration, Gen Zaluzhny, 51, could well be positioning himself to replace his rival.

Disagreements with Mr Zelenskyy led to his dismissal as armed forces chief in February last year, despite many seeing him as a national hero for leading the war effort that prevented the full-scale invasion of Ukraine by Russia in 2022.

US President Donald Trump and Ukraine's President Volodymyr Zelenskyy's spat in the Oval Office has strained relations between the countries. AFP
US President Donald Trump and Ukraine's President Volodymyr Zelenskyy's spat in the Oval Office has strained relations between the countries. AFP

However, the general, who is popular in Ukraine, would certainly not be welcomed by Moscow. It would want to see its own pro-Russian president in Kyiv, a move some observers believe the US would countenance in the current climate.

Gen Zaluzhny also criticised the White House for refusing “to recognise Russia as an aggressor”, which the soldier said demonstrated the administration “does not care about the international reputation of the US”.

Nano wars

The ambassador also warned that while Ukraine was defending both Europe and Nato, the “next target of Russia” would be the continent, with the border becoming “a confrontation line any time”.

Nicknamed the Iron General, he questioned whether the West needed “another war” to understand that huge changes have occurred on the battlefield to which Nato has yet to adapt.

That future conflict could well involve the use of nano technology, that has evolved in Ukraine and revolutionised warfare, claimed the ambassador.

Smaller countries such as Ukraine or Lithuania would “be able to stand up to any other country that is much larger and more powerful” due to nano technology and advancements in artificial intelligence, he said.

“It's not about tanks or fighter jets,” Gen Zaluzhny added. “The question is whether all the players appreciate this or they need another war to come to this understanding, that the technological breakthrough has occurred.”

A Ukrainian soldier looks to the sky as a self-propelled cannon is fired towards Russian positions. AFP
A Ukrainian soldier looks to the sky as a self-propelled cannon is fired towards Russian positions. AFP

'Chaos through weakness'

Washington’s current pro-Russian trajectory also raised issues of US weakness and could lead to greater global chaos, said a former deputy assistant to President Trump.

If Mr Trump abandoned Ukraine “he will encourage the very same type of aggression from other US adversaries across the globe”, said Lisa Curtis of the Centre for a New American Security think tank on Thursday.

“This abandonment would lead to more conflict and instability in other parts of the world, not less,” she warned. “It would not be peace through strength, as President Trump has said he wants to do – instead it would lead to chaos through weakness.”

Britain's Armed Forces minister Luke Pollard told the conference at Chatham House that raising defence spending to 2.5 per cent of GDP was “just the starting gun” in a race to modernise.

“The more fundamental challenge is to fully bring our armed forces into the modern era and build a leading, tech-enabled military capable of deterring, fighting and winning through constant innovation at a wartime pace,” he said.

Since taking office with the new government in July, he had observed the UK military was ordering highly specific equipment that could only be used by the UK, said Mr Pollard.

“We’ve made it so specialist, we can’t get as much of it as we wanted to in the first place," he said. “Let’s start producing stuff that is designed to be Nato-standard, that is designed for export.”

The biog

Name: Fareed Lafta

Age: 40

From: Baghdad, Iraq

Mission: Promote world peace

Favourite poet: Al Mutanabbi

Role models: His parents 

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Key features of new policy

Pupils to learn coding and other vocational skills from Grade 6

Exams to test critical thinking and application of knowledge

A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools

Schools to implement online system to encouraging transparency and accountability

The%20Killer
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SPEC%20SHEET%3A%20APPLE%20IPHONE%2014
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UAE SQUAD

Omar Abdulrahman (Al Hilal), Ali Khaseif, Ali Mabkhout, Salem Rashed, Khalifa Al Hammadi, Khalfan Mubarak, Zayed Al Ameri, Mohammed Al Attas (Al Jazira), Khalid Essa, Ahmed Barman, Ryan Yaslam, Bandar Al Ahbabi (Al Ain), Habib Fardan, Tariq Ahmed, Mohammed Al Akbari (Al Nasr), Ali Saleh, Ali Salmin (Al Wasl), Adel Al Hosani, Ali Hassan Saleh, Majed Suroor (Sharjah), Ahmed Khalil, Walid Abbas, Majed Hassan, Ismail Al Hammadi (Shabab Al Ahli), Hassan Al Muharrami, Fahad Al Dhahani (Bani Yas), Mohammed Al Shaker (Ajman)

Calls

Directed by: Fede Alvarez

Starring: Pedro Pascal, Karen Gillian, Aaron Taylor-Johnson

4/5

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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Company profile

Name: Dukkantek 

Started: January 2021 

Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani 

Based: UAE 

Number of employees: 140 

Sector: B2B Vertical SaaS(software as a service) 

Investment: $5.2 million 

Funding stage: Seed round 

Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office  

SHAITTAN
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BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

The biog

Age: 59

From: Giza Governorate, Egypt

Family: A daughter, two sons and wife

Favourite tree: Ghaf

Runner up favourite tree: Frankincense 

Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”

MEFCC information

Tickets range from Dh110 for an advance single-day pass to Dh300 for a weekend pass at the door. VIP tickets have sold out. Visit www.mefcc.com to purchase tickets in advance.

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

'Moonshot'

Director: Chris Winterbauer

Stars: Lana Condor and Cole Sprouse 

Rating: 3/5

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Updated: March 06, 2025, 6:50 PM