The China Mail - US announces $5.9 bn in military, budget aid for Ukraine

USD -
AED 3.672497
AFN 64.999463
ALL 81.8702
AMD 362.466517
ANG 1.790365
AOA 918.000482
ARS 1524.853202
AUD 1.440922
AWG 1.8
AZN 1.696211
BAM 1.740516
BBD 2.01375
BDT 122.920986
BGN 1.683441
BHD 0.37687
BIF 3016.29395
BMD 1
BND 1.279623
BOB 12.012672
BRL 5.222902
BSD 0.999844
BTN 96.860456
BWP 13.821826
BYN 3.011507
BYR 19600
BZD 2.010786
CAD 1.423945
CDF 2309.999691
CHF 0.82654
CLF 0.024883
CLP 982.497688
CNY 6.704603
CNH 6.70756
COP 3322.13
CRC 458.133471
CUC 1
CUP 23.995372
CVE 98.130217
CZK 21.79525
DJF 178.038427
DKK 6.65723
DOP 59.696976
DZD 133.633317
EGP 52.312102
ERN 15
ETB 163.30358
EUR 0.89075
FJD 2.250799
FKP 0.757935
GBP 0.757425
GEL 2.594992
GGP 0.757935
GHS 11.742144
GIP 0.757935
GMD 73.503345
GNF 8794.81726
GTQ 7.640625
GYD 209.141311
HKD 7.84719
HNL 26.843171
HRK 6.7078
HTG 130.925789
HUF 328.884987
IDR 17980
ILS 3.06495
IMP 0.757935
INR 96.12585
IQD 1309.809331
IRR 1746538.999905
ISK 122.039894
JEP 0.757935
JMD 158.282088
JOD 0.709042
JPY 157.692498
KES 129.702942
KGS 87.450312
KHR 4055.388942
KMF 438.000264
KPW 900.000318
KRW 1348.269829
KWD 0.30893
KYD 0.833148
KZT 449.216421
LAK 22458.151269
LBP 89529.691296
LKR 330.631023
LRD 170.963522
LSL 16.71656
LTL 2.95274
LVL 0.60489
LYD 6.403012
MAD 9.93361
MDL 17.867027
MGA 4417.588481
MKD 54.802323
MMK 2099.878546
MNT 3598.367683
MOP 8.081321
MRU 39.951768
MUR 48.149766
MVR 15.449988
MWK 1733.663199
MXN 18.33138
MYR 4.085101
MZN 63.910101
NAD 16.717378
NGN 1328.960271
NIO 36.788196
NOK 9.648225
NPR 154.976729
NZD 1.78175
OMR 0.384496
PAB 0.999831
PEN 3.464622
PGK 4.52806
PHP 62.620077
PKR 276.912159
PLN 3.89903
PYG 5849.556144
QAR 3.64447
RON 4.765303
RSD 104.616051
RUB 83.575377
RWF 1480.746469
SAR 3.756424
SBD 8.064852
SCR 13.768316
SDG 601.497909
SEK 10.05642
SGD 1.27976
SHP 0.757461
SLE 24.601015
SLL 20969.491881
SOS 571.400603
SRD 37.672497
STD 20697.981008
STN 21.803457
SVC 8.748081
SYP 13002.000254
SZL 16.713089
THB 33.598499
TJS 9.20325
TMT 3.51
TND 2.979331
TOP 2.40776
TRY 49.142099
TTD 6.77945
TWD 31.880497
TZS 2642.502968
UAH 44.988787
UGX 3989.587737
UYU 40.296887
UZS 11792.713098
VES 865.477978
VND 25985.5
VUV 120.084308
WST 2.780871
XAF 584.293931
XAG 0.016399
XAU 0.00023915864
XCD 2.70255
XCG 1.80192
XDR 0.707052
XOF 584.293931
XPF 106.128696
YER 236.374994
ZAR 16.72956
ZMK 9001.204567
ZMW 19.645988
ZWL 321.999592
SSP 5712.591901
MXV 2.074163
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

US announces $5.9 bn in military, budget aid for Ukraine
US announces $5.9 bn in military, budget aid for Ukraine / Photo: © AFP

US announces $5.9 bn in military, budget aid for Ukraine

The United States on Monday unveiled almost $6 billion in military and budget aid for Ukraine, as Washington races to provide assistance before Donald Trump takes office next month.

Text size:

The imminent return of Trump, who has repeatedly criticized aid for Ukraine, has cast doubt on American support continuing at similar levels as under outgoing President Joe Biden.

With Trump's swearing in just three weeks away, only a limited time window remained for billions of dollars in already authorized assistance to be disbursed.

"Today, I am proud to announce nearly $2.5 billion in security assistance for Ukraine, as the Ukrainian people continue to defend their independence and freedom from Russian aggression," Biden said in a statement.

The package includes a $1.25 billion military "drawdown," which allows the Pentagon to take weapons from US stocks and send them quickly to the battlefield.

An additional $1.22 billion will be funded via the Ukraine Security Assistance Initiative, under which military equipment is procured from the defense industry or partners.

The latest drawdown includes drones, ammunition for High Mobility Artillery Rocket Systems (HIMARS), optically guided missiles, anti-tank weapons systems, air-to-ground munitions and spare parts, according to the US State Department.

The Treasury Department meanwhile announced the disbursement of $3.4 billion in direct budgetary support for Ukraine.

Biden said his administration has now allocated all the Ukraine aid money appropriated by Congress in the spring of this year after arduous negotiations.

The president said he has ordered his administration to keep sending Ukraine as much military aid as possible, including older US equipment, and rushing it to the battlefield as Ukraine loses territory to the Russian troops that invaded in February 2022.

"Together with the security assistance America is providing Ukraine and Treasury's actions to further tighten sanctions on Russia's war machine, we will continue to do everything in our power to position Ukraine to achieve a just peace," Treasury Secretary Janet Yellen said in a statement.

- 'Peace in 2025'? -

As Ukraine heads into winter, the Pentagon is delivering artillery rounds, rockets and armored vehicles, Biden said.

"The United States and more than 50 nations stand united to ensure Ukraine has the capabilities it needs to defend itself against Russia's aggression," Secretary of State Antony Blinken said.

Ukrainian President Volodymyr Zelensky said the aid came at a critical moment as Russia intensifies its assaults, "even resorting to involving North Korean soldiers and continuing to receive weapons from North Korea and Iran."

The Ukrainian leader also called on Kyiv's Western backers to continue boosting his country's defenses in a bid to secure an end to the conflict next year.

"We must continue moving toward peace through strength to achieve our common goal of peace in 2025 -- a goal shared by Ukraine and all its partners," Zelensky said in a social media post.

The latest US assistance for Ukraine follows an announcement at the beginning of the month of a nearly $1 billion tranche of drones, ammunition and equipment.

The outgoing Biden administration is working to get as much aid as possible to Ukraine before Trump takes office on January 20.

Trump has often spoken admiringly of Russian President Vladimir Putin and asserted that he himself can end the war in a day, without saying how.

This has prompted fears that the United States will impose war-ending terms dictated by Russia.

Q.Moore--ThChM