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Joe Biden Signs Lend-Lease Act for Ukraine

by Georgia Today
May 10, 2022
in International, Politics
Reading Time: 1 min read
Joe Biden Signs Lend-Lease Act for Ukraine

Photo source: tv.ge

US President Joe Biden has signed the Ukraine democracy defense Lend-Lease act.

The signing ceremony was held at the White House.

As American media CNBC explains, “Biden’s signature on the Ukraine Democracy Defense Lend-Lease Act of 2022 will make it easier for the US to lend or lease military aid to allies affected by the Russian invasion of Ukraine. Biden already has some power to lend or lease equipment, but the legislation he will sign into law will ease some of the requirements for doing so. Under the measure, Ukraine can request streamlined transfers of US weapons and other security assistance. The US will get guarantees that the country will replace or reimburse the assets at a later date.”

The Lend-Lease program was used during World War II.

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