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US Senate passes $95.3 bn package for Ukraine, Israel, Taiwan and Indo-Pacific

US Senate passes $95.3 bn package for Ukraine, Israel, Taiwan and Indo-Pacific
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Washington: The US Senate has voted overwhelmingly to provide a $95.3 Billion aid package to Ukraine and Israel and to strengthen the security of America and its allies in the Indo-Pacific, including Taiwan.

The final approval on Tuesday night by the Senate ends months of uncertainty and delays about whether the US would continue to back Kyiv in its fight against Russian aggression.

The Bill was passed in a bipartisan vote of 79-18.

The Bill passed on Tuesday by the House of Representatives earlier now heads to the White House for President Joe Biden to sign it into law.

“I will sign this Bill into law and address the American people as soon as it reaches my desk tomorrow so we can begin sending weapons and equipment to Ukraine this week,” Biden said in a statement.

“The need is urgent: for Ukraine, facing unrelenting bombardment from Russia; for Israel, which just faced unprecedented attacks from Iran; for refugees and those impacted by conflicts and natural disasters around the world, including in Gaza, Sudan, and Haiti; and for our partners seeking security and stability in the Indo-Pacific,” he said.

The Bill broadly has four parts:

First, a $60.8 Billion Ukraine aid measure, a $26.4 Billion Bill for Israel and humanitarian relief, a $8.1 Billion package for Taiwan and other Indo-Pacific region allies and a “sidecar” Bill dealing with issues ranging from TikTok to frozen Russian assets.

The Bill gives $23.2 Billion to replenish stocks of US weapons and equipment sent to Ukraine through presidential drawdown authority and to expand defence industrial base and it allocates $13.8 Billion in direct support for the Ukrainian military. It directs the president to transfer long-range tactical missiles, known as ATACMS, to the Ukrainian Army, unless the president determines that doing so would be detrimental to US security interests.

The Bill gives $5.4 Billion to replenish stocks of US weapons and equipment delivered to Israel and to expand the defence industrial base, $5.2 Billion for Iron Dome, David’s Sling and Iron Beam defence systems and $2.4 Billion for US Central Command operations in the Middle East.

It also allocates $9.2 Billion for humanitarian assistance in Gaza, Haiti, Sudan, Ethiopia, Congo and other conflict zones. However, no funds can be transferred to the United Nations Relief and Works Agency; certification is required that no funding is diverted to Hamas.

On the Indo-Pacific the Bill allocates $ 3.3 Billion to develop US submarine infrastructure, including dry dock construction; $2 Billion in assistance for Taiwan, the Philippines and other regional allies to purchase US weapons and equipment.

To replenish US stocks of weapons and equipment sent to the region and expand the defence industrial base $ 2 Billion was allocated; $ 542 million for US Indo-Pacific Command operations and $ 250 million for World Bank International Development Association loans and grants.

Among other things, the Bill requires Chinese-owned ByteDance Ltd. to divest its stake in TikTok within one year of enactment or US app stores and internet hosting services would be barred from carrying the

product.

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