Biden Tells Zelenskiy Ukraine Aid Will Flow Quickly Once Senate Votes
- Oops!Something went wrong.Please try again later.
(Bloomberg) -- US President Joe Biden told his Ukrainian counterpart Volodymyr Zelenskiy that his administration would move quickly to distribute security assistance if the Senate votes this week to approve an aid package including $61 billion for Kyiv.
Most Read from Bloomberg
Apple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020
Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings
Trump Has Only $6.8 Million for Legal Fees With Trial Underway
During a call Monday, Biden said the US aims to swiftly ship the battlefield and air defense assistance, the White House said in a statement. The administration has already begun preparing a package that could head to Ukraine as soon as the president signs the bill into law, a US official said last week.
Ukraine has lost ground in its efforts to hold back Russia’s invading forces in recent months as military assistance from the US has dried up. House Speaker Mike Johnson has struggled to navigate opposition to further Ukraine aid from some hardliners in his razor-thin Republican majority. Even with the expected additional US aid, it could be weeks before new assistance hits the front lines.
Still, Zelenskiy on Sunday said the assistance “will really strengthen the armed forces of Ukraine.”
Read more: Zelenskiy Cheers US Aid as Kyiv Looks to Retake Initiative
“We did lose the initiative,” Zelenskiy said in an interview with NBC News. “Now we have all the chance to stabilize the situation and to overtake the initiative.”
The two leaders also discussed US economic assistance that aims to help Ukraine maintain financial stability during the war, the White House said.
Most Read from Bloomberg Businessweek
How a Massive Hack of Psychotherapy Records Revealed a Nation’s Secrets
A Hedge Fund Billionaire’s Cash Helped Fund a ‘Predatory’ Lender
Big Junk Food’s Campaign to Get You Eating Doritos and Oreos for Dinner
What Really Happens When You Trade In an iPhone at the Apple Store
©2024 Bloomberg L.P.