EconomyBiden announces major $8 billion military aid for Ukraine's victory plan

Biden announces major $8 billion military aid for Ukraine's victory plan

President of the United States, Joe Biden, announced on Thursday a military aid package for Ukraine worth over $8 billion. According to him, this aid is meant to help Ukraine "win this war."

Joe Biden announced $8 billion in military aid for Ukraine
Joe Biden announced $8 billion in military aid for Ukraine
Images source: © Getty Images | Michael M. Santiago
Marcin Walków

7:56 AM EDT, September 26, 2024

American assistance includes the use of precision-guided bombs to enhance the Ukrainian forces' capability for long-range attacks.

"We will use this assistance in the most effective and transparent way possible to achieve our main common goal: a victorious Ukraine, a just and lasting peace, and transatlantic security," stated Ukrainian President Volodymyr Zelensky on Telegram.

The President of Ukraine expressed his gratitude to the United States for providing equipment to protect the lives of his country's citizens. As he explained, these deliveries will include an additional Patriot air defense battery, air defense systems and intercept fighter jets, drones, long-range missiles, and air-to-ground munitions, as well as funds to strengthen the Ukrainian defense industry.

I also appreciate the decision to expand programs to train more of our pilots to fly F-16s, as well as the strong sanctions measures imposed to further limit Russia's ability to fund its aggression against Ukraine, emphasized the Ukrainian president in his post.

"Victory plan." The President of Ukraine presented it in New York

The day before, Zelensky presented the so-called victory plan in New York. According to Bloomberg, it contained no turning points but "a wish list." Allies did not show enthusiasm, especially as the situation became concerning with Russian armament plans.

The plan contained four main points. First, a request for Western security guarantees similar to those NATO members are bound by; second, the continuation of Ukraine's invasion of the Russian Kursk region to gain a territorial bargaining chip; third, a request for "specific" advanced weapons; and fourth, international financial assistance for Ukraine's devastated economy.

The head of the Ukrainian president's office, Andriy Yermak, noted that the country has increased its weapons production sixfold since the beginning of Russia's full-scale invasion but lacks the resources and technology to produce everything it needs.

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