US and Ukraine sign 10-year military pact | BBC News

leaders at the G7 Summit in southern Italy have agreed to lend Ukraine $50 billion taken from interest made on Frozen Russian assets which the Prime Minister called gamechanging but it’s still not clear who precisely is doing the lending Vicki young reports now from The Summit in pulia he might consider this welcome rest bite from the election Trail Rashi sunak joined leaders from seven of the world’s richest countries and at least here there was the guarantee of a warm welcome from Italian host Georgia Maloney who boasted that she led the strongest government of all Ukraine has been high on the agenda president zilinski is here Shoring up support you you’re not coming Mr sunak reiterated Ukraine’s right to self-defense in the face of Russia’s Invasion I’ve been discussing with my colleagues a game-changing package of support for Ukraine that would be funded by the profits on seiz Russian Assets Now this is something that I and the UK have personally championed and led on for a while now so it’s very positive to see it close to the Finish Line it will make an enormous difference tonight the deal a $50 billion loan was finalized by the American and Ukrainian presidents put that money to work for Ukraine another reminder to Putin we’re not backing down Russian assets should be used for defending lives of ukrainians from Russian Terror and for repaying the damage aggressor caus to Ukraine if the opinion polls turn out to be right this will be Rashi Sak’s last appearance at a summit like this but when he spoke to journalists here he told us he was energized by The Challenge he faced and said he wouldn’t stop making the case for a conservative government until the very last day of this election campaign many of these leaders have watched as their popularity ratings have plummeted for a couple of days in southern Italy they’ll try to put uncertainty about their own Futures to one side and concentrate on global threats Vicki young BBC News pulia

Ukraine’s President Volodymyr Zelensky and President Biden have signed a 10-year bilateral security deal between Ukraine and the US, hailed by Kyiv as “historic”.

The agreement proposes US military and training aid to Ukraine – but it does not commit Washington to send troops to fight for its ally.

US President Joe Biden said it was another reminder to Russia “that we’re not backing down”. However Moscow has threatened what it called “extremely painful” retaliatory measures.

G7 leaders meeting in Italy also agreed to use frozen Russian assets to raise $50bn (£39bn) for Ukraine to help it fight invading Russian forces.

The money is not expected to arrive until the end of 2024 but is seen as a longer-term solution to support Ukraine’s war effort and economy.

Some $325bn worth of assets were frozen by the G7, alongside the EU, following Russia’s full-scale invasion of Ukraine in 2022.

The pot of assets is generating about $3bn a year in interest. Under the G7 plan that money will be used to pay off the annual interest on the $50bn loan for the Ukrainians, taken out on the international markets.

Reeta Chakrabarti presents BBC News at Ten reporting by Vicki Young.

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48 comments
  1. Wow the corruption knows no bounds, taxpayers are doing the lending, to prop up a corrupt country that wont even hold elections.
    Meanwhile escalating us towards a nuclear world war, are you willing to give your life and your family's for Ukraine? Because that's what we're risking with this nonsense!

  2. Why are the western countries giving billions to the little Nazi Dictator anything? So Zelensky can buy million dollars Dubai Apartment along with his fellow Naiz Oligarch? Does Biden want to give more munitions (that the west no longer have to give) so that Zenensky can wipe out yet another generation of young Ukrainian men?

  3. Why don't the BBC ever show any of the many clips of Biden wandering around looking completely lost? If they were objective journalists they'd show the world how bad his cognitive decline is.

  4. The American people were not consulted. And "President" Zelensky, who cancelled election and whose term expired on May 21, is no more than a sock puppet of the US/EU. Stealing money of Russian citizens is beyond illegal and deplorable. Who supports this idiocy??

  5. Compared to when Putin underestimated Ukraine and forcibly annexed Crimea in 2014, the Ukrainian military today may be transforming itself into one of the world's leading military powers.

  6. 5. If NATO was really necessary, why did President Trump withdraw the US from it? That is why he is being indicted for silly charges just to bar him from running for office because they know he will NOT tolerate this rubbish. He said it, NATO is Europe's responsibility and American tax payers should not pay to protect them. These guys were literally contributing nothing! To Americans, turn up in numbers to protest should Donald Trump be barred to run for office, and two, queue up in masses to vote come November 2024 to vote for Donald Trump. Why do you think the main stream media have gone out of their way to smear him, when all he has done is put his country first without warring with other countries.

    Good riddance Macron, Sunak and Biden are definitely loosing elections in their respective countries. Let's then see where this clown of a president in Ukraine will get his aid from. Let him continue travelling, his country is at peace that is why he is accorded the rights and freedoms to leave at will.

    @realdonaldtrump #Peace #Gaza #Unity #BeInformed #MichaelFlynn

  7. 5. If NATO was really necessary, why did President Trump withdraw the US from it? That is why he is being indicted for silly charges just to bar him from running for office because they know he will NOT tolerate this rubbish. He said it, NATO is Europe's responsibility and American tax payers should not pay to protect them. These guys were literally contributing nothing! To Americans, turn up in numbers to protest should Donald Trump be barred to run for office, and two, queue up in masses to vote come November 2024 to vote for Donald Trump. Why do you think the main stream media have gone out of their way to smear him, when all he has done is put his country first without warring with other countries.

    Good riddance Macron, Sunak and Biden are definitely loosing elections in their respective countries. Let's then see where this clown of a president in Ukraine will get his aid from. Let him continue travelling, his country is at peace that is why he is accorded the rights and freedoms to leave at will.

    @realdonaldtrump #Peace #Gaza #Unity #BeInformed #MichaelFlynn

  8. 5. If NATO was really necessary, why did President Trump withdraw the US from it? That is why he is being indicted for silly charges just to bar him from running for office because they know he will NOT tolerate this rubbish. He said it, NATO is Europe's responsibility and American tax payers should not pay to protect them. These guys were literally contributing nothing! To Americans, turn up in numbers to protest should Donald Trump be barred to run for office, and two, queue up in masses to vote come November 2024 to vote for Donald Trump. Why do you think the main stream media have gone out of their way to smear him, when all he has done is put his country first without warring with other countries.

    Good riddance Macron, Sunak and Biden are definitely loosing elections in their respective countries. Let's then see where this clown of a president in Ukraine will get his aid from. Let him continue travelling, his country is at peace that is why he is accorded the rights and freedoms to leave at will.

    @realdonaldtrump #Peace #Gaza #Unity #BeInformed #MichaelFlynn

  9. 5. If NATO was really necessary, why did President Trump withdraw the US from it? That is why he is being indicted for silly charges just to bar him from running for office because they know he will NOT tolerate this rubbish. He said it, NATO is Europe's responsibility and American tax payers should not pay to protect them. These guys were literally contributing nothing! To Americans, turn up in numbers to protest should Donald Trump be barred to run for office, and two, queue up in masses to vote come November 2024 to vote for Donald Trump. Why do you think the main stream media have gone out of their way to smear him, when all he has done is put his country first without warring with other countries.

    Good riddance Macron, Sunak and Biden are definitely loosing elections in their respective countries. Let's then see where this clown of a president in Ukraine will get his aid from. Let him continue travelling, his country is at peace that is why he is accorded the rights and freedoms to leave at will.

    @realdonaldtrump #Peace #Gaza #Unity #BeInformed #MichaelFlynn

  10. 5. If NATO was really necessary, why did President Trump withdraw the US from it? That is why he is being indicted for silly charges just to bar him from running for office because they know he will NOT tolerate this rubbish. He said it, NATO is Europe's responsibility and American tax payers should not pay to protect them. These guys were literally contributing nothing! To Americans, turn up in numbers to protest should Donald Trump be barred to run for office, and two, queue up in masses to vote come November 2024 to vote for Donald Trump. Why do you think the main stream media have gone out of their way to smear him, when all he has done is put his country first without warring with other countries.

    Good riddance Macron, Sunak and Biden are definitely loosing elections in their respective countries. Let's then see where this clown of a president in Ukraine will get his aid from. Let him continue travelling, his country is at peace that is why he is accorded the rights and freedoms to leave at will.

    @realdonaldtrump #Peace #Gaza #Unity #BeInformed #MichaelFlynn

  11. 5. If NATO was really necessary, why did President Trump withdraw the US from it? That is why he is being indicted for silly charges just to bar him from running for office because they know he will NOT tolerate this rubbish. He said it, NATO is Europe's responsibility and American tax payers should not pay to protect them. These guys were literally contributing nothing! To Americans, turn up in numbers to protest should Donald Trump be barred to run for office, and two, queue up in masses to vote come November 2024 to vote for Donald Trump. Why do you think the main stream media have gone out of their way to smear him, when all he has done is put his country first without warring with other countries.

    Good riddance Macron, Sunak and Biden are definitely loosing elections in their respective countries. Let's then see where this clown of a president in Ukraine will get his aid from. Let him continue travelling, his country is at peace that is why he is accorded the rights and freedoms to leave at will.

    @realdonaldtrump #Peace #Gaza #Unity #BeInformed #MichaelFlynn

  12. Disgusting thieving, we the taxpayers in the West will front the bill for this. JP morgan and BlackRock will plunder the resources of Ukraine or what will be left of it after the war.

  13. You mean "The US gun store extends financing options to Ukraine for the next ten years"

    In return the US petrol dollar is tanked. If the Russians and Chinese can get the Saudis out of a bad thing with the US, who else will or can they help? 👹

  14. Скільки років одне й те саме ворожіння вилами по воді цих доморощених аналітиків. Коли твоєю країною керують ашкеназе, з метою знищити корінних українців і остаточно розграбувати народ, то крім брехні їм у вуха чути з усіх прасок не доводиться.

  15. Russia’s supermarket is full of Chinese products even including Cola …. Soon Russian ‘s diet will be like Chinese haha

  16. 100 billion dollars each of US tax payer + 50 billion dollars of Russian Frozen Asset each year to Ukraine Damn Zelenskyy must be Billionaire now

  17. the west should never have got into bed with the corrupt ukrainian regime

    all you need to know about this war is that the biden crime family made millions from ukrainian oligarch's in the aftermath of the 2014 US (obama/biden) sponsored revolution

  18. More money for money laundering, child sex trafficking and killing innocent Ukrainians in the Western region of the country.
    Totally disgraceful.

  19. Sick leaders, sick conflict ,all about money,investments ,economical domination , and real danger of world war 3 nuclear if the escalation doesn’t stop soon, they don’t give a s..to the hundreds of thousands soldiers and civilians who died so far, and more now as rejecting any peace treaty, sure the many wives and children of Ukrainians soldiers will hate these leaders sat on their confortable armchairs while the soldiers live in fear and die. Sick world , sick leaders, and those brainwashed by them.

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