Biden to sign Lend-Lease law for Ukraine on May 9

The law will allow the supply of weapons to Ukraine under an accelerated procedure, it was submitted to Congress at the end of January – even before the start of Russia's special operation

Joe Biden

US President Joe Biden will sign the law on the Lend-Lease program for Ukraine on Monday , May 9. White House press secretary Jen Psaki told reporters, The Hill correspondent Morgan Chalfant reports.

Psaki also said that Biden will take part in a virtual G7 meeting on May 8, where the leaders will discuss the response to Russia's special operation in Ukraine and possible new anti-Russian sanctions. Ukrainian President Volodymyr Zelensky will also join it.

In addition, according to Reuters, citing US officials, the US president on Friday or over the weekend may approve a new $100 million military aid package for Ukraine, which will include howitzer ammunition. This amount is included in the $250 million that Washington has left of the $3.5 billion allocated by Congress.

The US Congress approved a bill on arms supplies to Ukraine under accelerated procedure at the end of April. It will allow the head of state to bypass bureaucratic obstacles and speed up the delivery of weapons.

Senators from the Democratic and Republican parties introduced a bill on the supply of weapons to Ukraine under Lend-Lease in January, even before the start of the Russian special operation.

State Duma Chairman Vyacheslav Volodin believes that the Lend-Lease program will lead Ukraine to a debt hole, since we are talking about “expensive” commodity credit. He recalled that the USSR received weapons from Washington under Lend-Lease, and debt payments were completed only in 2006.

Read on RBC Pro Pro From September 11 to the pandemic: how Booking Holdings overcame crises Articles Pro China's economy is falling, but the authorities deny everything. Is a crisis possible in China? cloud services. What services are in demand? a program under which the United States leased or loaned military hardware and equipment to the Allies during World War II. From March 1941 to August 1945, the United States transferred more than $50 billion in lend-lease assistance to the allies, of which about $11 billion went to the USSR.

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