Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Analysis-Zelenskiy's U.S. visit leaves unanswered questions

Published 12/22/2022, 09:32 PM
Updated 12/22/2022, 11:13 PM
© Reuters. Ukraine's President Volodymyr Zelenskiy greets U.S. House Speaker Nancy Pelosi (D-CA) while U.S. Vice President Kamala Harris applauds during a joint meeting of U.S. Congress in the House Chamber of the U.S. Capitol in Washington, U.S., December 21, 2022.

By Idrees Ali and Jonathan Landay

WASHINGTON (Reuters) - For President Volodymyr Zelenskiy, his surprise visit to Washington this week was a clear success: he returns to Europe with new financial and military commitments from the United States and bipartisan support for Ukraine's war with Russia.

But the visit also leaves several key questions unanswered, including how U.S. military support could evolve, whether Congressional support for the war will endure and - crucially - how the war will end.

While in Washington Zelenskiy met U.S. President Joe Biden at the White House and addressed a joint session of the U.S. Congress, where members greeted him with cheers and multiple standing ovations.

Biden announced that the United States would provide another $1.85 billion in military aid, including a Patriot missile defense system.

The visit came as Ukraine continues to suffer near-continual Russian air attacks on its power grid during a bitterly cold winter, which Kyiv says are aimed at breaking its civilians' will to resist.

WHAT MILITARY AID COMES NEXT?

At the top of Zelinskiy's military hardware wishlist has been air defenses, in particular the Patriot, a surface-to-air missile system that is highly effective against aircraft and ballistic and cruise missiles.

While Biden has agreed to supply one of the systems, U.S. officials say that a single Patriot battery will not the change the course of the war.

The United States and its allies have been unwilling to provide other advanced weapons Ukraine has pleaded for. Those include modern battle tanks and long-range missiles called ATACMS that have a range of 300 km (186 miles) and could strike targets far behind the frontlines but also inside Russia itself.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"The aim of the United States - to both support Ukraine while ensuring the U.S. and NATO don't get pulled into a broader war - will continue to preclude the shipment of the sort of weaponry Zelenskiy really wants," said Rachel Rizzo, a senior fellow with the Atlantic Council.

Ukraine is "not looking for a third world war," said Biden on Wednesday, responding to a reporter's question about ATACMS during Zelensiky's visit.

Russia has said that providing long-range missiles to Ukraine would cross a "red line".

For his part, Zelenskiy said that he and Biden have a clear understanding of how Ukraine's defense capabilities can be strengthened in the coming months, adding that he couldn't give details at this point.

Two U.S. officials, speaking on condition of anonymity, said the U.S. focus currently remains on air defense systems.

The next steps for Kyiv, the officials added, would be to receive additional air defense systems from the United States and other western countries along with better integrating them.

CONGRESSIONAL SKEPTICS

Political support for U.S. support for Ukraine has been remarkably bipartisan. But as the war passes the 300-day mark criticism from the Republican party's right wing is growing.

"No more blank checks to Ukraine," Republican Representative Andy Biggs wrote on Twitter hours before Zelenskiy's visit to Washington.

Congress is preparing to vote on an additional $44.9 billion in new military and economic assistance, which comes on top of the $50 billion the United States has already sent this year to help Ukraine. Approval is seen as likely.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

But new spending is sure to face scrutiny once Republicans take a majority of the House of Representatives on Jan. 3.

A senior Republican congressional aide, speaking on condition of anonymity, said that most members of the incoming majority in the House support military aid for Ukraine.

But, the aide added, they will demand stronger monitoring of how Ukraine uses U.S. hardware and clearer explanations from the Biden administration.

"The administration is not doing a good job communicating to Congress" on Ukraine strategy, said the aide. Republicans "need a better understanding of why they are saying no to some weapons and yes to others."

ENDING THE WAR

Finally, Zelenskiy's visit added little clarity to the question of how the war will end.

The Ukrainian president said that Biden has endorsed his "10-point peace plan," which among other things calls for the complete withdrawal of Russian troops from Ukrainian territory and the creation of a special tribunal to prosecute Russian war crimes, conditions Russia has flatly rejected.

"For me, as the President, 'just peace' is no compromises as to the sovereignty, freedom, and territorial integrity of my country, the payback for all the damages inflicted by Russian aggression," said Zelenskiy on Wednesday.

Zelenskiy has previously said that victory means recovering Crimea, which Russia siezed in 2014.

The Group of Seven (G7) wealthy nations broadly endorsed Ukraine's vision of peace in October, citing a need for "territorial integrity" but avoided any mention of Crimea.

The Kremlin, however, said on Wednesday that it saw no chance of peace talks with Kiev.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

U.N. Secretary-General Antonio Guterres struck a similarly downbeat note earlier in the week.

"I do believe that the military confrontation will go on, and I think we'll have still to wait for a moment in which serious negotiations for peace will be possible," he told reporters on Monday. "I don't see them in the immediate horizon."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.