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Trump row over Greenland derails Ukraine postwar deal, report says

A planned announcement of an $800 ‍billion ⁠prosperity plan to be agreed between Ukraine, Europe and the U.S. at the World Economic Forum in Davos this week has been delayed, the report said, citing six officials.

2 min readUpdated: Jan 21, 2026 12:28 PM IST

Tensions over Greenland ‌disrupted negotiations on the prosperity plan text this week, the FT report ‌said (file)

European opposition to U.S. President Donald Trump’s bid to acquire Greenland and his proposed “Board of Peace” initiative has disrupted plans for an economic support package for postwar Ukraine, Reuters reported.

A planned announcement of an $800 ‍billion ⁠prosperity plan to be agreed between Ukraine, Europe and the U.S. at the World Economic Forum in Davos this week has been delayed, the report said, citing six officials.

Reuters could ‌not immediately verify the report. The White House did not immediately respond to a request for comment.

Also read | What America’s Greenland claim could mean for NATO, Russia, and Canada

“Nobody is in any mood to stage a grand spectacle around an agreement with Trump right now,” one official told Reuters, adding that disputes over Greenland and the Board of ‌Peace had overtaken an earlier focus on Ukraine at the Davos meeting.

Tensions over Greenland ‌disrupted negotiations on the prosperity plan text this week, Reuters report ‌said, adding that the U.S. did not send a representative to a key ‌meeting on Monday evening.

Also read | Another reason ‘why Greenland has to be acquired’: Trump slams UK’s Chagos island deal

The “prosperity ‍plan” ⁠was not being shelved indefinitely and could still be signed at a later ⁠date, the newspaper added.

Ukraine President ⁠Volodymyr Zelenskiy said on Tuesday that he would travel to Davos only if documents on security guarantees with ‌the United States and a prosperity plan were ready to be signed ‌there.

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