Biden announces $800M in security assistance, $500M in economic aid to Ukraine

2 years ago

President Joe Biden on Thursday announced an $800 million package of security assistance to Ukraine to “further augment” its ability to fend off Russia’s new offensive in the southeastern Donbas region.

The package will include heavy artillery weapons, tactical drones and dozens of howitzers, as well as 144,000 rounds of ammunition for those howitzers, Biden said.

Biden also announced an additional $500 million in direct economic assistance to the Ukrainian government, bringing the total U.S. economic support for Ukraine to $1 billion over the last two months.

Biden previewed that a new package of security assistance was forthcoming on Tuesday, when he told reporters that he would authorize the delivery of more artillery to Ukraine.

The actions announced Thursday are the latest taken by the Biden administration since the start of the Russian assault in Ukraine's eastern Donbas region this week.

On Wednesday, the Treasury Department leveled new sanctions against a Russian commercial bank, a Russian oligarch and his network, and Russia’s virtual-currency mining industry.

The administration has already rolled out several rounds of assistance to Ukraine, as Russian President Vladimir Putin’s invasion of the country has dragged on for 57 days, and Ukrainian forces have remained largely successful in repelling the Russian invaders.

Following Ukrainian President Volodymyr Zelenskyy’s impassioned address to Congress last month, the administration announced $800 million in security assistance to Ukraine. When Biden traveled to Europe the next week, he announced an additional $1 billion in humanitarian assistance.

Biden also told Zelenskyy in a call last month that the United States would provide Ukraine with an additional $500 million in budgetary aid, and the White House’s budget plan includes $682 million to help Ukraine fight Russia.

In other actions on Thursday, Biden announced a new humanitarian parole program to help streamline the processing of Ukrainian refugees in the United States. He also announced a ban on Russian-affiliated ships from U.S. ports, mirroring a similar moratorium in Europe.

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