US Allocates Additional $2 Billion for Ukraine's Defence

The United States is allocating an additional $2 billion in military funding for Ukraine. This was announced by US Secretary of State Anthony Blinken at a joint briefing with Ukrainian Foreign Minister Dmytro Kuleba in Kyiv, an Ukrinform reports.

"We, of course, have an additional package, and assistance from it is on the way. In fact, some of it has already been delivered. But today, in addition to that, I want to announce that we will provide an additional $2 billion in foreign military financing for Ukraine, and we have combined this into a first-of-its-kind defence enterprise fund," he said.

According to Blinken, the additional funding will have three components.

Firstly, the fund will provide assistance today so that Ukraine can receive weapons. 

Secondly, it will allow us to focus on investments in Ukraine's defence infrastructure. 

Thirdly, it will help build a defence industry base that will further strengthen the ability to produce what Ukraine needs now.

"The plan is to use this fund to help Ukraine purchase military equipment from other countries, not just the United States, for Ukraine's needs. All of this, in particular when we think about the defence industry base, is built on the incredible spirit of innovation, ingenuity, entrepreneurship that we see here in Ukraine, and that I have seen again in person," the US Secretary of State said.