Picture: Dialogue
Defense Minister Alexei Reznikov
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The latest bank loan-to-rent model will not be like the bank loan-to-hire design through World War II, when the United States furnished assist to the USSR and Britain on a return basis.
The US bank loan and lease legislation for Ukraine will come into outcome on October 1, the amount of money of money underneath this program has presently been decided, but the US authorities have not yet accomplished the development of its design. This was declared by Defense Minister Alexei Reznikov in an job interview with RBC-Ukraine.
The nuances and aspects are however up for debate, he observed. The minister believes that, in any situation, this will not be like the Lend-Lease design for the duration of World War II, when the United States presented repayable help to the USSR and Britain.
“No matter what it suggests now, it may well be a little bit distinct in the last model. And it is also important that the closing product will most possible be developed not by the protection ministers, but by the finance ministers. Due to the fact these are nonetheless financial relations. My work is. talk to with the typical team, having their need, to say that I need to have these drones or missiles, “said Reznikov.
What is the idea of Lend-Lease? The funds from the method, as the Defense Minister recalled, will go to the US economic climate, in help of the navy-industrial intricate.
“For example, they give us the rockets for HIMARS from the warehouses. This implies that the business that provides them will start off creating to fill these warehouses. That is, we have taken them away and they have to place them in their warehouse, even immediately after 2 -3 many years. “the official said.
Though Lend-Lease did not perform, Ukraine receives assistance from the United States for the remaining 4 plans.
Recall that on May 9 the President of the United States Joe Biden symptoms the Lend-Lease law for Ukraine. The Ukrainian facet will be ready to lease military services machines and weapons and pay back for them just after the victory around Russia, or just return the surviving products.
Lend-Lease for Ukraine: what weapons can the US give
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