Free Trial

SECURITY: Austin Touts New UKR Package, Meloni Expects Trump To Remain Engaged

SECURITY

US Defense Secretary Lloyd Austin has announced, at the final meeting of the Ukraine Contact Group at the Ramstein air base in Germany, the US will provide Ukraine with another 'Presidential Drawdown Authority' package, “valued at approximately $500 million,” including air defense munitions and equipment to support Ukraine's F-16 fleet. 

  • The Kyiv Independent notes: “Around $3.8 billion remains allocated under the presidential drawdown authority (PDA), leaving it uncertain whether [US President-elect Donald] Trump will continue using this tool to funnel arms to Ukraine.”
  • Ukraine President Volodymyr Zelenskyy said, hinting at the prospect of Trump’s presidency eroding support for Kyiv: "We've come such a long way that it would honestly be crazy to drop the ball now and not keep building on the defense coalitions we've created,"
  • Separately, Italian Prime Minister Giorgia Meloni, speaking at her end-of-year presser, said Rome is, “ready to support any decision made by Ukraine regarding war with Russia," noting she expects Trump, “to balance diplomacy and deterrence in Ukraine,” not to “disengage from Ukraine.”
  • Meloni added that, “security guarantees for Ukraine are needed to avoid another Russian invasion,” but declined to elaborate on Italy’s position regarding future NATO membership for Kyiv.
  • Zelenskyy suggested that the US allowing the licensing of US air defence systems production in Ukraine could, “become significant part of our security guarantees." Zelenskyy also advocated for allies to invest more in Ukrainian drone production, arguing that Kyiv is best positioned to develop Europe’s drone technology. 
238 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

US Defense Secretary Lloyd Austin has announced, at the final meeting of the Ukraine Contact Group at the Ramstein air base in Germany, the US will provide Ukraine with another 'Presidential Drawdown Authority' package, “valued at approximately $500 million,” including air defense munitions and equipment to support Ukraine's F-16 fleet. 

  • The Kyiv Independent notes: “Around $3.8 billion remains allocated under the presidential drawdown authority (PDA), leaving it uncertain whether [US President-elect Donald] Trump will continue using this tool to funnel arms to Ukraine.”
  • Ukraine President Volodymyr Zelenskyy said, hinting at the prospect of Trump’s presidency eroding support for Kyiv: "We've come such a long way that it would honestly be crazy to drop the ball now and not keep building on the defense coalitions we've created,"
  • Separately, Italian Prime Minister Giorgia Meloni, speaking at her end-of-year presser, said Rome is, “ready to support any decision made by Ukraine regarding war with Russia," noting she expects Trump, “to balance diplomacy and deterrence in Ukraine,” not to “disengage from Ukraine.”
  • Meloni added that, “security guarantees for Ukraine are needed to avoid another Russian invasion,” but declined to elaborate on Italy’s position regarding future NATO membership for Kyiv.
  • Zelenskyy suggested that the US allowing the licensing of US air defence systems production in Ukraine could, “become significant part of our security guarantees." Zelenskyy also advocated for allies to invest more in Ukrainian drone production, arguing that Kyiv is best positioned to develop Europe’s drone technology.