
Bloomberg Talks
US Ambassador to NATO Julianne Smith Talks Ukraine-Russia Conflict
Jul 2, 2024
US Ambassador to NATO Julianne Smith discusses NATO's support and assistance to Ukraine, progress in defense spending, and efforts to modernize Ukrainian forces. They also touch on the importance of aid, peace efforts, and concerns about Russia-China cooperation.
08:15
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Quick takeaways
- NATO allies are committed to supporting Ukraine with economic aid and weapon purchases.
- 23 out of 32 NATO members are meeting or exceeding the 2% GDP spending target on defense.
Deep dives
Support for Ukraine within NATO
Support and aid for Ukraine from NATO members, including the provision of economic assistance and the purchase of weapons from the United States, is highlighted. All 32 NATO allies are unified in supporting Ukraine, with investments in capabilities translating into benefits for both Ukraine and the United States. The commitment to spending 2% of GDP on defense by NATO members is discussed, with 23 allies meeting the target and some exceeding it. The significance of NATO's coordination of assistance and training efforts for Ukraine during the upcoming summit is outlined.
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