Close Menu
    ME Daily Mail: The Middle East, delivered daily.ME Daily Mail: The Middle East, delivered daily.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    ME Daily Mail: The Middle East, delivered daily.ME Daily Mail: The Middle East, delivered daily.
    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 WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    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.

    Related Posts

    Seismic Shift in Gilgit-Baltistan, Magnitude 5.4 Earthquake Strikes Near Sost

    August 14, 2026

    International Youth Day 2026 Highlights Youth Engagement and Development, Calls for Greater Inclusion

    August 13, 2026

    Youth Addiction Cases Continue to Advance as Meta and TikTok Lose Legal Challenges

    August 12, 2026

    Inland Shift of Typhoon Dolphin After Large-Scale Evacuations in China

    August 11, 2026

    Alaska Near Atka Shakes with Magnitude 5.0 Tremor, Seismologists Report

    August 10, 2026

    Seismic Event of Magnitude 4.9 Strikes Sichuan in Southwestern China, Causing Localized Damage

    August 8, 2026
    Latest News

    Europe Leads July Growth as Global EV Sales Rise by 9%

    August 14, 2026

    Europe led major EV markets in July as global electric vehicle demand continued to grow. During July, Europe stood out as the fastest-growing major electric vehicle market, with regional sales rising by 33% from the previous year to approximately 450,000 units. Between January and July, EV sales in Europe grew by 28%. France experienced an 81% year-over-year increase in July, Germany saw a 46% rise, and the United Kingdom registered a 43% growth. However, European sales volumes for July declined by 17% compared to June, indicating a different pattern in monthly trends. The share of battery-electric vehicles in new registrations also continued to grow across the European Union. During the first half of 2026, registrations reached 1.22 million units. Battery-electric models made up 20.7% of all new cars, up from 15.6% a year earlier. Plug-in hybrids accounted for an additional 9.8% of the registrations. Spain launched its Auto+ electric vehicle subsidy program on Aug. 4, offering up to 4,500 euros for eligible new electric passenger cars. Europe demonstrates the strongest growth among key EV markets Despite softer July sales, China maintained its position as the largest electric vehicle market by volume, with approximately 980,000 EVs sold, reflecting a 5% decrease from July 2025. The first seven months saw a 12% decline compared to the same period last year. Electric vehicles

    South Korea Achieves Record Car Export Value of $6.24 Billion in July, Boosted by Eco-Friendly Models

    August 14, 2026

    Seismic Shift in Gilgit-Baltistan, Magnitude 5.4 Earthquake Strikes Near Sost

    August 14, 2026

    Gothenburg Gains Direct Nonstop Flights from Abu Dhabi, Etihad Launches Seasonal Service

    August 13, 2026

    International Youth Day 2026 Highlights Youth Engagement and Development, Calls for Greater Inclusion

    August 13, 2026

    Youth Addiction Cases Continue to Advance as Meta and TikTok Lose Legal Challenges

    August 12, 2026

    UN Highlights Increasing Online Information Dangers for Children, Calls for Enhanced Safeguards

    August 12, 2026

    Rising Diesel Costs Driven by Limited US and European Fuel Supplies, Tight Market Conditions Persist

    August 12, 2026
    © 2026 ME Daily Mail | All Rights Reserved
    • Home
    • Contact Us

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