Get 40% Off
☕ Buy the dip? After losing 17%, Starbucks sees an estimated 20% upside. See the top Undervalued stocks!Unlock list

Zelenskiy urges leaders to send arms as 'artificial' shortage helps Putin

Published 02/17/2024, 01:18 PM
Updated 02/17/2024, 06:02 PM
© Reuters. Ukrainian President Volodymyr Zelenskiy meets with U.S. Vice President Kamala Harris (not pictured)  during the Munich Security Conference (MSC) in Munich, Germany February 17, 2024. REUTERS/Wolfgang Rattay/Pool

By Andrew Gray and Max Hunder

MUNICH (Reuters) -Ukrainian President Volodymyr Zelenskiy urged allies at a global security conference on Saturday to plug an "artificial" shortage of weapons that is giving Russian forces the upper hand on the battlefield and said stalled U.S. aid was imperative.

Addressing the gathering of politicians, diplomats and military officials from around the world, who gave him a standing ovation, Zelenskiy mixed gratitude for the support shown by Western countries with urging them for more.

He spoke at a critical juncture in Russia's nearly two-year-old invasion of Ukraine, with his troops forced to withdraw from the devastated eastern town of Avdiivka.

Ukraine faces acute shortages of ammunition and U.S. military aid has been delayed for months in Congress.

"Unfortunately keeping Ukraine in an artificial deficit of weapons, particularly in ... artillery and long-range capabilities, allows (Russian President Vladimir) Putin to adapt to the current intensity of the war," Zelenskiy said.

He said that sending additional packages of weapons and air defences to Ukraine was the most important thing its allies could do.

"If your artillery (range) is 20 km (12 miles), but Russia's is 40 km, there is your answer," Zelenskiy said.

Some European leaders cast a downbeat assessment of Western efforts to help Ukraine.

"We should have supported you much more from the very beginning of this war," said Danish Prime Minister Mette Frederiksen, "because Ukraine cannot win a war without weapons. Words are simply not enough."

German Economy Minister Robert Habeck said Europe should have started investing more in its defence industry two years ago.

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

Along with Ukraine, the conference focused on the war in Gaza, with U.S. Secretary of State Antony Blinken suggesting there was "an extraordinary opportunity" in the coming months for Israel to normalise ties with its Arab neighbours.

U.S. FUNDING

Asked about the delayed U.S. aid after a bilateral meeting with Zelenskiy, U.S. Vice President Kamala Harris, a Democrat, denounced "political gamesmanship" in Congress that had no place in such matters.

U.S. Republicans have insisted for months that any additional U.S. aid to Ukraine, and Israel, must also address concerns about migration.

Meanwhile Donald Trump, frontrunner for the Republican presidential nomination, has said he would ask European allies to reimburse the United States for around $200 billion worth of munitions sent to Ukraine.

That has raised concerns by Kyiv and its allies that U.S. funding for Kyiv in its war against Russia would dry up completely if Trump goes on to win a second term in the November U.S. election.

Zelenskiy said there was no alternative though to U.S. aid.

“We are counting on the United States as our strategic partner, that they would remain our strategic partner," he said.

EUROPE MUST UP ITS DEFENCE GAME

The delay in U.S. aid is putting more of a burden on Europe, with Germany the second-largest provider of military assistance to Ukraine. Berlin says it has provided and committed to some 28 billion euros ($30.2 billion) of such aid so far.

German Chancellor Olaf Scholz side-stepped questions on Saturday on whether to give long-range Taurus missiles to Kyiv, although he did urge other European capitals to match Berlin's hike in military assistance.

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

Speaking to Reuters at the conference, Norway's Prime Minister Jonas Gahr Stoere said his country was "ready to stand up and be counted" on defence spending ahead of a NATO Washington summit in July.

The country last year set a target for the first time to raise its defence spending to at least 2% of gross domestic product (GDP) by 2026, in line with a long-held goal among members of the NATO alliance.

European Commission President Ursula von der Leyen said Ukraine must be integrated into Europe's defence programmes as Russia was "outmassing Ukraine" with soldiers and by "throwing quick and dirty weapons produced in North Korea and Iran".

The European Commission will present a defence industrial strategy proposal in three weeks, she said, and will also open a defence innovation office in Ukraine.

A potential return of Trump to the White House is fanning fears about U.S. commitment to defending its allies.

Trump said a week ago that if re-elected later this year he would not defend allies within the NATO western defence alliance who fail to spend enough on defence - although the NATO charter specifically commits members to defending each other in the event of attack.

'STOP WHINING ABOUT TRUMP'

Trump or no Trump, Europe still has to strengthen its ability to defend itself, Scholz and others underscored at the conference, dubbed the "Davos of Defence".

"We should stop moaning and whining and nagging about Trump," said outgoing Dutch Prime Minister Mark Rutte. "We do not spend more on defence or ramp up ammunitions production because Trump might come back."

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

"We have to work with whoever is on the dance floor," said Rutte, frontrunner to succeed Jens Stoltenberg as secretary-general of NATO when he steps down.

Stoltenberg reiterated the importance of not undermining the defence alliance with talk of European defence autonomy.

Talk in particular of a potential European nuclear deterrent that would not involve the United States is "not helpful", he told Munich delegates on Saturday. And it "would only undermine NATO in a time when we really need credible deterrence".

($1 = 0.9282 euros)

Latest comments

Both countries are corrupt and undemocratic. Why is the US wasting money when the Europeans can handle it themselves? Russia isn’t that powerful.
Ukraine a new democracy, was invaded by the armies of Roger's friends in the Kremlin. they have laid waste to Ukraine's cities and it's peoples. now he sides with the enemies of Ukraine's freedom and spews proven Russian lies and propaganda.
2 years teach you nothing folks. This war can't be won, but it can be a good start point for all invilved to sort the confrontation out by peace talks.
rob Roy, another Russian sympathizer trying to gaslight light the reader with Russian propaganda.
Ac, you can keep blaming, spend Billions of dollars and hundred thousands of the human lifes, or you can stop the war and bring all the disputes to the negotiation table, which costs nothing.
No amount of support from the West is going to keep Ukraine from losing this war. In fact, the war is ALREADY lost. At this point, it’s just a meat grinding grift for Zelenskyy and Western politicians.
Ukraine was winning; that's why retrumplicans started to turn against aiding Ukraine.  Putin told retrumplicans to knock it off or else.
Ukraine was NEVER winning this war, and they have no exit strategy because the leaders couldn’t care less about the Ukrainian people. All they care about is fleecing the American taxpayers to fund their miney launder operation.
Miney launder operation. What a dlum fluk.
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.