Business news from Ukraine

US announces new aid package for Ukraine

US National Security Advisor Jake Sullivan has announced a new $300 million military aid package for Ukraine, including artillery ammunition and HIMARS shells.

“I’m announcing a $300 million emergency security assistance package of weapons and equipment to address some of Ukraine’s most pressing needs,” Sullivan said at a briefing on Tuesday.

He noted that the opportunity to transfer the aid was made possible by “unanticipated cost savings” in contracts that the Defense Department had awarded to replace equipment that had already been sent to Ukraine.

Sullivan noted that the opportunity to transfer the aid was made possible by “unanticipated cost savings” from contracts the Defense Department had signed to replace equipment that had already been sent to Ukraine.

“To be very clear, we can use these cost savings to provide this modest amount of new security assistance right now without compromising the U.S. military. And the president has instructed his team to use those savings,” Sullivan explained.

The White House reported that the announced aid package, in particular, includes a large batch of artillery ammunition and GMLRS used in the M270 MLRS and M142 HIMARS multiple launch rocket systems.

“This is the assistance Ukraine desperately needs to hold the front line against Russian attacks and to counter Russia’s ongoing offensive in eastern and other parts of Ukraine. This ammunition will keep Ukrainian forces firing for some time, but only for a short period,” he emphasized.

Sullivan added that this aid will not prevent Ukraine from running out of ammunition in the coming weeks.

“It goes without saying that this package does not and should not postpone the critical need to pass a bipartisan national security bill,” he emphasized.


US Senate approves $60 bln aid package for Ukraine for 2024

The U.S. Senate has approved a $60 billion aid package for Ukraine for 2024, Prime Minister Denys Shmyny said.

“The bulk of the amount ($50 billion) is defense support. There will be even more weapons, equipment and ammunition for our defenders. The rest of the aid will be directed to direct budget support and other programs that will help Ukraine remain economically sustainable,” Shmyhal wrote on his Telegram channel.

The Prime Minister thanked the Senate for this important decision and expressed hope that the House of Representatives would support this aid.


Germany announces new aid package for Ukraine

The German Federal Government has announced a new military aid package for Ukraine. The list of aid was published by the German government’s press service.

According to the list, the Ukrainian army has been allocated 4 HX81 tractors and 4 semi-trailers for them, 8 Zetros trucks, 3 vehicles and 2 border guard vehicles.

In addition, the Ukrainian military will receive 3,840 155 mm artillery shells, 15 HLR 338 long-range sniper rifles and 60,000 rounds of ammunition, 5 drone detection sensors, 25 laser rangefinders, 1 mobile antenna system, and 250 tool kits with explosive material.


US to provide additional aid package to Ukraine – Johnson

Speaker of the US House of Representatives Mike Johnson said that Washington would provide additional funding for Kyiv, Politico reports.

“I think it will all come together in the coming days. I’m confident and optimistic that we can do it – get it done,” he said.

Johnson said that there is a sense of urgency in getting aid to both Israel and Ukraine, adding that there is “a lot of thoughtful negotiations going on among members of Congress.”

The speaker also said that assistance to Israel is a top priority for the United States and called assistance to Ukraine another priority.

“Of course, we can’t let Vladimir Putin march through Europe, and we understand the need to provide assistance there (Ukraine – IF-U),” Johnson said.

He explained that if Ukraine needs additional assistance, which most members of Congress consider important, then it is also necessary to work on changing US border policy.

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Germany is preparing new aid package for Ukraine worth 1 bln euros

The German Ministry of Defense has announced that it is preparing a new “winter package” of aid for Ukraine worth about 1 billion euros, which will include additional Patriot and IRIS-T air defense systems, as well as Gepard self-propelled air defense systems.

“Germany is preparing a second winter package for Ukraine: to protect critical infrastructure and provide further support, Germany is providing additional air defense with Patriot, IRIS-T SLM and SLS worth approximately 1 billion euros, as well as three Gepard self-propelled air defense systems,” the Defense Ministry said in a statement on X.

The Defense Ministry also reported that in the next few weeks, 10 more Leopard1 A5 main battle tanks, 15 protected transport vehicles and almost 20 protected medical vehicles will arrive in Ukraine.

“Germany will continue to support Ukraine with what it needs most – air defense, ammunition and tanks,” German Defense Minister Boris Pistorius said.


Sweden to transfer new military aid package to Ukraine worth $199 mln

Sweden will provide Ukraine with a new military aid package worth 2.2 billion kronor (approximately $199 million), which will consist mainly of ammunition and spare parts for previously transferred systems, Reuters reports, citing a statement by Swedish Defense Minister Paul Johnson.

In addition, according to the minister, the Swedish government has instructed the armed forces to analyze whether Sweden will be able to transfer Jas Gripen fighters to Ukraine.

It is noted that the new aid package will be the 14th since the beginning of Russia’s full-scale invasion of Ukraine, with the total amount of aid from Sweden amounting to more than 22 billion kronor (about $2 billion).