Biden, Zelenskiy inch toward NATO with 10-year defense agreement

According to REUTERS, U.S. President Joe Biden and Ukraine President Volodymyr Zelenskiy signed a 10-year bilateral security agreement on Thursday aimed at bolstering Ukraine's defense against Russian invaders and getting Ukraine closer to NATO membership.

"Our goal is to strengthen Ukraine's credible defense and deterrence capabilities for the long term," Biden said at a joint news conference with Zelenskiy.

He said the G7's message to Russian President Vladimir Putin is "You cannot wait us out. You cannot divide us." The group of rich nations also agreed to a $50 billion loan for Ukraine backed by profits from frozen Russian assets.

The U.S.- Ukraine security deal is a framework for a long-term effort to help develop Ukraine’s outdated armed forces and serve as a step towards Ukraine's eventual NATO membership, according to the text.

The Ukraine president called the agreement historic, saying it is a bridge toward his country's eventual NATO membership. "This is an agreement on security and thus on the protection of human life," he said.

Zelenskiy has long sought NATO membership but the allies have stopped short of taking that step. The Western alliance regards any attack launched on one of its 32 members as an attack on all under its Article Five clause.

In the event of an armed attack or threat of such against Ukraine, top U.S. and Ukrainian officials will meet within 24 hours to consult on a response and determine what additional defense needs are required for Ukraine, the agreement says.

Under the agreement, the United States restates its support for Ukraine's defense of its sovereignty and territorial integrity, amid a renewed push by Russia on Ukraine's eastern front.

It also outlines plans to develop Ukraine's own defense industry and expand its military.

Ukraine needs a "significant" military force and sustained investments in its defense industrial base consistent with NATO standards, the text says.

It will allow the two countries to share intelligence, hold training and military education programs and combined military and exercises.