Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Endurance Energy Wraps Up Gastech 2026 with Southeast Asia Focus on Skid-Mounted Liquefaction and Localized Service

    September 26, 2026

    UAE GDP projected to rise 5 percent according to World Bank

    September 26, 2026

    MAYPHARM Unveils HYALMASS AQUATOX, a Next-Generation Multi-Active Skin Solution for the Global Aesthetic Market

    September 26, 2026
    Facebook X (Twitter) Instagram
    MEA News HubMEA News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    MEA News HubMEA News Hub
    Home » Biden signs a $40 billion aid package for Ukraine while in Seoul
    News

    Biden signs a $40 billion aid package for Ukraine while in Seoul

    May 21, 2022
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    US President Joe Biden signed a $40 billion aid package to Ukraine on Saturday after the bill was flown to Seoul, a White House official announced. Following his departure from Washington, the bill was approved by the Senate. The statement that Biden had signed the bill came as the President attended a state dinner with South Korean President Yoon Suk Yeol. He also signed a bill to improve access to baby formula for low-income families off camera earlier Saturday.

    Biden signs a $40 billion aid package for Ukraine while in SeoulAs part of the legislation, funds are available for military and humanitarian aid. These include funds to assist Ukrainian military and national security forces, replenish supplies of US equipment sent to Ukraine, and provide public health and medical support for Ukrainian refugees. The bill raises presidential drawdown authority funding from $5 billion to $11 billion. Through the President’s drawdown authority, US stocks of military equipment and weapons can be sent to Ukraine. The bill also provides $6 billion in Ukraine Security Assistance Initiative funding, another way that the Biden administration is assisting Ukraine. With this funding, the administration can buy weapons from contractors and then provide them to Ukraine, so US stocks are not directly used.

    According to a fact sheet from the House Democratic Caucus, the money will be used to assist Ukrainian military and national security forces. It will be allocated to weapons, equipment, training, logistics, and intelligence support, among other things. As part of the deal, there will also be roughly $9 billion in assistance to restock US equipment sent to Ukraine by the US. This comes as many lawmakers have raised concerns over restocking American weapon stock in Ukraine, especially stingers and javelin missiles which are being given to the country.

    In the bill, $3.9 billion is earmarked for European Command operations, including mission support, intelligence support, hardship pay for troops deployed to the region, and equipment, including a Patriot battery, according to a fact sheet issued by the House Democrat Caucus. Since the Russian conflict with Ukraine began, the US Department of Defense has moved additional troops into Eastern European countries to help support NATO’s allies in the region.

    There will be $900 million dedicated to refugees’ assistance. This will include the provision of shelter, trauma support, and the teaching of English language to Ukrainian refugees who flee their country. According to the measure, the government provided additional $54 million for health and medical assistance to Ukrainian refugees.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    UAE joins Trump meeting on Middle East security in New York

    September 23, 2026

    Typhoon Dujuan brings flood risk and travel disruption

    September 21, 2026

    Nepal flood missing count rises to 6,150 after verification

    September 17, 2026

    Hainan evacuates over 55,000 after extreme rainfall

    September 16, 2026

    Pakistan inflation rises as food and education gaps persist

    September 15, 2026

    UAE President opens Germany state visit with Berlin talks

    September 10, 2026
    Latest News
    Business

    UAE GDP projected to rise 5 percent according to World Bank

    September 26, 2026

    The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic assessments published by the World Bank Group indicate that the sovereign state will experience robust expansion over the next two

    Asia-Pacific growth outlook lifted to 5% for 2026

    September 24, 2026

    UAE joins Trump meeting on Middle East security in New York

    September 23, 2026

    Egypt overseas transfers total $29.7 billion through July

    September 22, 2026

    Typhoon Dujuan brings flood risk and travel disruption

    September 21, 2026

    China keeps loan prime rates steady through September 2026

    September 21, 2026

    Rare EGFR mutation raises lung cancer risk 60 times in data

    September 19, 2026

    Nepal flood missing count rises to 6,150 after verification

    September 17, 2026
    © 2026 MEA News Hub | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.