Coalition of the willing draft text regarding Ukraine says allies stand ready to commit to a system of politically and legally binding guarantees that will be active once a ceasefire occurs

• The agreement will incl. binding commitments to support Ukraine in the case of a future attack by Russia.

This draft agreement signals a strong commitment from allies to support Ukraine, which may deter further Russian aggression and signify increased geopolitical tensions. The binding nature of these commitments could create volatility in markets sensitive to risk and conflict, particularly in energy and defense sectors, as investors assess the implications for future stability in the region.