Stabroek News

Russia tightens ties with China as West offers $16 bln lifeline to Kyiv

-

(Reuters) - Xi Jinping and Vladimir Putin cemented friendship between China and Russia and jointly criticised the West, which moved to buttress Ukraine against Moscow's invasion with nearly $16 billion in financial aid and faster delivery of battle tanks.

The Chinese leader's visit to Moscow, long touted by the Kremlin as a show of support from its most powerful friend, featured plenty of demonstrat­ive bonhomie yesterday. Xi and the Russian president referred to each other as dear friends, promised economic cooperatio­n and described their countries' relations as the best they have ever been.

A joint statement included familiar accusation­s against the West - that the United States was underminin­g global stability and NATO barging into the Asia-Pacific region. The West has sought to isolate Russia over Moscow's invasion of Ukraine, and Putin faces an arrest warrant from the Internatio­nal Criminal Court and global sanctions against his government and economy.

Putin praised Xi for a peace plan for Ukraine that he proposed last month and blamed Kyiv and the West for rejecting it. But Xi, who was due to depart Moscow on Wednesday, barely mentioned the conflict, saying that China had an "impartial position" on it.

Responding to the meeting, the White House said China's position was not impartial, and urged Beijing to pressure Russia to withdraw from Ukraine's sovereign territory to end the war.

In Washington, the Internatio­nal Monetary Fund, a UN agency over which the United States holds major control, announced that after months of negotiatio­ns it reached preliminar­y agreement with Kyiv on a fouryear loan package of about $15.6 billion.

The money would help shore up

Ukraine, which has suffered extensive damage to its infrastruc­ture and economy during Russia's year-long invasion. The IMF said it expects Ukraine's economy to show growth in 2023 of -3% to 1%.

Separately, the United States intends to speed up delivery to Ukraine of 31 Abrams battle tanks to the autumn, Pentagon spokespers­on Brigadier General Patrick Ryder told reporters.

According to a congressio­nal aide briefed on the matter, this would be about a year sooner than the timeline anticipate­d when Washington pledged the tanks in January. Kyiv had clamoured for the vehicles as well as other sophistica­ted Western military hardware.

The Pentagon said a decision to send a variant of the tank that can run on diesel fuel like most of the Ukrainian fleet made faster delivery possible.

President Volodymyr Zelenskiy once again implored Ukraine's allies to provide more military aid including ammunition and to do it without delay.

"One of the questions which always commands the utmost attention is the supply of ammunition, support from our partners. We expect increased supplies of exactly what we need - and we need it right now," he said in a video address on Tuesday.

Newspapers in English

Newspapers from Guyana