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Biden: "Another 800 million in arms in Kiev, Moscow will not win"

2022-06-30T13:57:20.822Z


The US president assures us: "we will support Ukraine for as long as it takes". Stoltenberg: the country will have "long-term support; risks for all allies from the southern flank" (ANSA)


"We will send new weapons to Ukraine in the next few days for a total of

800 million

".

This was announced by US President Joe Biden at the press conference after the NATO summit in Madrid.

"We

will support Kiev for as long as it takes

. The Russians have lost 15 years of development of their economy, there has been the first default in 100 years, they have difficulties in producing oil because they need American technology and there is a similar situation in the military sector, "Biden said.

"I don't know how it will end, but

it won't end with Ukraine's defeat

."

Regarding the

price cap

on oil, "we are working on the details," said the US president.

STOLTENBERG: "FROM THE SOUTH SIDE RISKS FOR ALL ALLIES"


"This morning we addressed security issues in the Middle East, North Africa and the Sahel: the risks coming from this area impact on all allies. We also reiterated that terrorism is one of the main threats to our security. Furthermore, for the first time, we have approved an aid package for Mauritania and Tunisia ".

This was stated by Jens Stoltenberg, the NATO secretary general, at the end of the Madrid summit. 

NATO summit, Stoltenberg: 'Long-term support for Ukraine'

"We have just completed

a summit that has led to profound decisions

," Stoltenberg said.

The NATO innovation fund is officially born in Madrid

.

With a capitalization of one billion euros, it will be used to finance start-ups and high-tech SMEs in the territory of the Alliance.

"It is the first venture capital fund of its kind in the world," said Secretary Jens Stoltenberg.

"We need to maintain our technological drive now that China and Russia challenge us in this key area," he said.

The fund is supported by 22 NATO countries, including Italy, which was represented at the signing ceremony by Defense Minister Lorenzo Guerini.

Source: ansa

All life articles on 2022-06-30

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