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Joe Biden signs $40 billion for Ukraine assistance during Asia trip

SEOUL, 22 May 2022, (TON): President Joe Biden signed legislation to support Ukraine with another $40 billion in US assistance as the Russian invasion approaches its fourth month.

The legislation, which was passed by Congress with bipartisan support, deepens the US commitment to Ukraine at a time of uncertainty about the war’s future.

Ukraine has successfully defended Kyiv, and Russia has refocused its offensive on the country’s east, but American officials warn of the potential for a prolonged conflict.

The funding is intended to support Ukraine through September, and it dwarfs an earlier emergency measure that provided $13.6 billion.

The new legislation will provide $20 billion in military assistance, ensuring a steady stream of advanced weapons that have been used to blunt Russia’s advances.

There’s also $8 billion in general economic support, $5 billion to address global food shortages that could result from the collapse of Ukrainian agriculture and more than $1 billion to help refugees.

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