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Blinken: $2 Billion In New U.S. Security Aid To Ukraine Will Support ‘Defense Enterprise Fund’

Blinken: $2 Billion In New U.S. Security Aid To Ukraine Will Support ‘Defense Enterprise Fund’
Secretary Antony J. Blinken holds a joint press availability with Ukrainian Foreign Minister Dmytro Kuleba in Kyiv, Ukraine, May 15, 2024. (Official State Department photo by Chuck Kennedy)

The U.S. has approved providing another $2 billion in Foreign Military Financing (FMF) for Ukraine, which Secretary of State Antony Blinken said on Wednesday would come in the form of a “first-of-its-kind defense enterprise fund.” During his visit to Kyiv, Blinken said the new fund will cover three main components: FMF funds Ukraine can use to purchase U.S-made weapons it requires in the near-term, investments in Ukraine’s industrial base, “helping to strengthen even more its capacity to produce what it…

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