Why the USA Invest in Ukraine’s Victory

by Meifan Honcharuk
Friday, July 21, 2023
Why the USA Invest in Ukraine’s Victory

The US secretary of the economy called assistance to Ukraine the "single best" way to strengthen global economic stability

On July 18, during the G20 treasury summit in Gandhinagar, India, the US minister of economy Janet Yellen named the "single best" way to improve the economic situation in the world — doubling aid to Ukraine. Secretary Yellen added that doubling US support for Ukraine in its fight against Russian aggression is a "key priority" for the state.

In February of this year, Yellen was in Kyiv and noted how much protection Ukraine and its civilian population is given by the equipment and assistance that Ukraine receives from foreign partners.

"Ending this war is first and foremost a moral imperative. But it's also the single best thing we can do for the global economy," Janet Yellen.

Minister Yellen added that the following essential issues of the USA regarding the Russian actions against Ukraine are budgetary assistance to Ukraine and the fight against Russia's indefatigable attempts to avoid sanctions.

You will be interested