President Joe Biden signed a bill Monday that will streamline the lengthy process of supplying Ukraine with the military equipment needed for the fight against Russia, APA reports citing CNBC.
Biden’s signature on the Ukraine Democracy Defense Lend-Lease Act of 2022 will make it easier for the U.S. to lend or lease military aid to allies affected by the Russia-Ukraine war. Biden already has some power to lend or lease equipment, but the legislation he will sign into law will ease some of the requirements for doing so.
Under the measure, Ukraine can request streamlined transfers of U.S. weapons and other security assistance. The U.S. will get guarantees that the country will replace or reimburse the assets at a later date.
Monday’s legislation evokes the “Lend-Lease Act,” through which the U.S. supported allies, including the Soviet Union, during World War II.
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