🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

U.S. rushing $200 million worth of weapons for Ukraine's defense against Russia

Published 03/12/2022, 11:51 AM
Updated 03/12/2022, 06:10 PM
© Reuters. FILE PHOTO: U.S. President Joe Biden arrives aboard Air Force One at Philadelphia International Airport in Philadelphia, Pennsylvania, U.S. March 11, 2022. REUTERS/Jonathan Ernst

By Andrea Shalal and Steve Holland

WASHINGTON (Reuters) -The United States on Saturday said it would rush up to $200 million in additional small arms, anti-tank and anti-aircraft weapons to Ukraine, as Ukrainian officials pleaded for more equipment to defend against heavy shelling by Russian forces.

President Joe Biden on Saturday authorized the additional security assistance, the White House said, paving the way for the "immediate" shipment of fresh military equipment to Ukraine, a senior administration official said.

Biden's decision brings total U.S. security aid provided to Ukraine to $1.2 billion since January 2021, and to $3.2 billion since 2014, when Russia annexed the Crimea region of Ukraine, according to senior administration officials.

In a memorandum to Secretary of State Antony Blinken, Biden directed that up to $200 million allocated through the Foreign Assistance Act be designated for Ukraine's defense.

Blinken said he had authorized a fourth drawdown of U.S. defense stocks, in line with Biden's directive, "to help Ukraine meet the armored, airborne, and other threats it is facing" as the war entered a third week.

He lauded the "great skill, iron will and profound courage" being shown by the Ukrainian armed forces and citizens, and said the United States would also continue to provide humanitarian assistance to those in need.

"The United States and our allies and partners stand in solidarity with the people and government of Ukraine in the face of the Kremlin’s aggression," he said in a statement. "The international community is united and determined to hold (Russian President Vladimir) Putin accountable."

Russia says it is engaged in a "special military operation" that it says is not designed to occupy territory but to destroy its neighbour's military capabilities and "de-Nazify" Ukraine.

The funds "will provide immediate military assistance to Ukraine, including anti-armor, anti-aircraft systems, and small arms in support of Ukraine’s front-line defenders," one of the U.S. officials said, speaking on condition of anonymity.

Ukraine has been asking for more Javelin anti-tank weapons and Stinger missiles to shoot down aircraft.

Ukraine's foreign minister, Dmytro Kuleba, on Saturday underscored Ukraine's need for additional military supplies in an interview with the non-profit Renew Democracy Initiative.

The United States has drawn from U.S. weapons stocks to supply Ukraine repeatedly, beginning in the fall of 2021 and then again in December and February.

© Reuters. FILE PHOTO: U.S. President Joe Biden arrives aboard Air Force One at Philadelphia International Airport in Philadelphia, Pennsylvania, U.S. March 11, 2022. REUTERS/Jonathan Ernst

The last batch of U.S. weapons provided in February included anti-armor, small arms, body armor and various munitions, according to the Pentagon, as well as anti-aircraft systems.

On Thursday night the U.S. Congress approved $13.6 billion in emergency aid for Ukraine as part of a $1.5 trillion measure to fund the U.S. government through September.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.