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Free AccessSenators Introduce Bipartisan Bill To Codify US-UKR Security Agreement
Senators Lindsey Graham (R-SC) and Richard Blumenthal (D-CT) have introduced legislation to codify the 10-year bilateral security agreement US President Joe Biden signed with Ukraine in July 2023.
- The pair said in a statement: “The Stand with Ukraine Act treats Ukraine as a major non-NATO ally, providing expanded defense article transfers and security cooperation without any new security commitments.”
- Blumenthal said in a statement in Kyiv in July, previewing their plans: “We believe this will send an important signal to the world and show that the United States continues to stand with Ukraine."
- Blumenthal also noted in the statement: “President Zelensky was excited about and was committed to obtaining a strategic agreement with the U.S. regarding the more than a trillion dollars-worth of rare earth minerals owned by Ukraine," noting that an agreement with in this area, "would make the U.S. less dependent on foreign adversaries for rare earth minerals."
- The legislation is likely to be viewed as a means to 'Trump-proof' US support for Ukraine, as an incoming administration will not be bound by Biden's bilateral agreement unless it is ratified by Congress.
- During the presidential debate with Vice President Kamala Harris, Trump refused to commit to ongoing support for Ukraine, saying: “I want the war to stop. I want to save lives,” a position that is likely to irk Kyiv and conservative national security hawks.
To read the full story
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Please enter your details below.
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.