Biden signs new security agreement with Ukraine, continuing to provide funding and support.


The conflict between Russia and Ukraine has lasted for a long time and has affected global economic markets. This Thursday, U.S. President Biden announced a new security agreement with Ukraine.

U.S. President Joe Biden will sign a new security agreement with Ukraine on Thursday, pledging long-term American support for the country. This statement was made during his meeting with G7 leaders in Italy, American senior officials revealed.

Biden departed for Italy on Wednesday to intensify the pressure on Russia for its war against Ukraine, while also applying pressure on China for its support of Moscow and excessive industrial capacity.

White House National Security Advisor Jake Sullivan told reporters aboard Air Force One that the agreement will make it clear, "Our support will endure for a long time, especially in the areas of defense and security."

"Through signing this agreement, we're also signaling our determination to Russia. If Vladimir Putin thinks he can outlast the coalition supporting Ukraine, he is mistaken," Sullivan said.

He noted that 15 countries have already signed their own security agreements, which will enhance Ukraine's "defensive deterrence capabilities." The U.S. agreement will include a commitment to continue funding Ukraine in cooperation with the U.S. Congress but will not involve the deployment of American ground troops in Ukraine, Sullivan added.

Earlier, the White House stated that Biden would meet again with Ukrainian President Volodymyr Zelensky at the summit and hold a joint press conference. The U.S. also expects Biden to meet with Indian Prime Minister Narendra Modi, who has been sworn in for a third term and is awaiting India's formal confirmation of Modi's attendance at the summit.

The G7 leaders face various domestic dilemmas during the summit while seeking solutions to many of the world's most pressing issues.



Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End



Inflation refers to the phenomenon where the purchasing power of a country's (or region's) currency decreases, leading to a general rise in the prices of goods and services. It is reflected in the fact that, over a certain period, the same amount of money can only buy fewer goods and services.


Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.


Contact Us

Social Media