Blinken confirms Ukraine will receive $50 billion transfer of frozen Russian assets  

AI

**Ukraine Receive $50 Billion in Frozen Russian Assets**

The United States and the European Union are set to transfer $50 billion in frozen Russian assets to Ukraine, US Secretary of Antony announced on December 4. The funds will be used to support Ukraine’ economy and .

Blinken said that the money will be transferred from the US and Europe in the coming weeks. This is part of a coordinated effort between the two allies to support Ukraine in its fight against Russia.

** Major Weapons Package**

The US has also delivered a $725 million weapons package to Ukraine, including Stinger missiles, ammunition for Mobility Artillery Rocket Systems (HIMARS), and other equipment. This is part of the Biden administration’s efforts to strengthen Kyiv’s defenses before the transition of power.

**Humanitarian Crisis in Ukraine**

Since February 2022, at least ,000 Ukrainian children have been abducted from Russian-occupied territories and sent to Russia or other parts of Ukraine. The situation has worsened as winter sets in, with businesses struggling to stay operational during rolling blackouts and freezing temperatures.

**NATO Support for Ukraine**

NATO Secretary General said that the alliance will do its best to provide Ukraine with air defenses necessary to protect its infrastructure. However, there is a shortage of such systems available.

Read More @ kyivindependent.com

Share This Article
Leave a Comment