On October 23, the White House announced a historic decision to provide Ukraine with $20 billion in credit, to be repaid with profits from frozen Russian assets. This move, described by President Joe Biden as a reminder to illegitimate Russian President Vladimir Putin that the world stands with Ukraine, sends a strong message of support to the country currently facing aggression from Russia. The statement was published on the White House website.
The decision to provide Ukraine with this significant amount of credit is a testament to the strong and unwavering support that the United States has shown towards Ukraine in the face of Russian aggression. This new credit will not only provide much-needed financial aid to Ukraine, but it also sends a clear message to Russia that their actions will not go unnoticed or unpunished.
President Biden’s reference to Putin as an «illegitimate» president is a bold and powerful statement that reinforces the international community’s stance on the matter. It is a reminder to Putin that his actions in annexing Crimea and fueling the ongoing conflict in Eastern Ukraine are not accepted nor endorsed by the rest of the world.
Furthermore, the decision to use frozen Russian assets to repay this credit serves as a form of justice for Ukraine and a strong message to Russia. It shows that their actions, which have caused great harm to the Ukrainian people, will not go unpunished.
The White House’s statement also highlights the support of the international community towards Ukraine. It serves as a powerful reminder to Putin that the world stands united against his aggression and in support of Ukraine. This support is crucial in these challenging times, as it gives Ukraine the strength and determination to overcome the obstacles and continue on their path towards democracy and stability.
The White House’s decision and President Biden’s statement also serve as a reminder of the ongoing sanctions imposed by the United States and the European Union on Russia for its actions in Ukraine. These sanctions have caused significant damage to the Russian economy and have shown that the international community will not tolerate aggression and violations of international law.
The continued support of the United States towards Ukraine is a symbol of the strong relationship between the two countries. The United States has been a key ally of Ukraine since its independence, providing support in various forms, including military and financial aid. This new credit is just another example of the United States’ commitment to standing by its allies and friends.
In conclusion, the White House’s decision to provide Ukraine with $20 billion in credit, to be repaid with profits from frozen Russian assets, is a historic move that sends a strong message of support and solidarity to Ukraine in the face of Russian aggression. President Biden’s statement serves as a powerful reminder to Putin that the world stands united against his actions and in support of Ukraine. This decision is a testament to the unwavering support and strong relationship between the United States and Ukraine.