Polski
русский
Українська

Trump won't be able to prevent $20 billion from being allocated to Ukraine: it became known who will push Biden

Keith Starmer will ask Biden to provide $20 billion for Ukraine by January 20
Keir Starmer will ask Biden to provide $20 billion for Ukraine by January 20. Source: White House press service

The British authorities intend to urge US President Joe Biden to provide Ukraine with a $20 billion loan before President-elect Donald Trump takes over the Oval Office in the White House, that is, by January 20, 2025. The British government fears that the future administration may drastically limit its assistance to Ukraine.

According to The Telegraph, the British prime minister will address the American leader with a request to this effect while he is attending the G20 summit to be held on November 18-19 in Rio de Janeiro, Brazil.

The second issue Starmer is going to raise is restrictions on the use of Western weapons provided to Ukraine. Journalists write that the prime minister will insist that it is time for Ukraine to be allowed to fire long-range Storm Shadow missiles at military targets deep in Russia's rear. So far, the Joe Biden administration has opposed this for fear of escalation.

First Deputy Chairman of the Verkhovna Rada Tax Committee Yaroslav Zhelezniak (Holos) explained that the money in question is money that has already been approved by the United States. This is part of the loan provided for by the G7 decision on $50 billion for Ukraine, which is to be accumulated through the proceeds of the frozen assets of the Russian Federation.

The MP reminded that $20 billion from the United States should go to the World Bank's FIF special fund. In total, the fund should accumulate $30 billion, with the rest coming from Canada and Japan.

"If a country has already transferred money there, then the World Bank will decide on their further fate. Conventionally, these are their funds and it is very difficult to withdraw them. This mechanism was designed to avoid "political turbulence" in donor countries. That is why they are asking to transfer the money from the US to the World Bank fund by January 20," Zhelezniak explained.

The fact that Ukraine may be left without American support after Trump's inauguration was hinted at by his son Donald Trump Jr. who was his adviser during the previous cadence in 2017-2021. On his social media page, he shared a video with President Volodymyr Zelenskyy and Donald Trump, which he signed: "You will lose your aid in 38 days."

As OBOZ.UA previously reported, the leaders of the G7 countries agreed to provide Ukraine with a $50 billion loan at the October summit. Although the money will come in the form of a loan, it will be repaid at the expense of income from Russia's assets, which were frozen abroad due to sanctions after the start of a full-scale war against Ukraine. In total, this amount reaches about 260 billion euros, which are mostly stored in the Belgian securities depository Euroclear.

Only verified information is available on the OBOZ.UA Telegram channel and Viber. Do not fall for fakes!

Other News

Liver pate: how to make a budget appetizer

Liver pate: how to make a budget appetizer

It is better to choose chicken liver for pate, because it does not have an unpleasant odor and dishes from it will be tender
John Wick movies will get a sequel: Lionsgate is working on a series

John Wick movies will get a sequel: Lionsgate is working on a series

The series will be the second TV project in the character's universe
The weather is fierce: a rescuer showed winter in the highlands of the Carpathians. Video

The weather is fierce: a rescuer showed winter in the highlands of the Carpathians. Video

The temperature on the Chornohora ridge dropped to -13°C