What is a lease and how it should help Ukraine defeat Russia

This program is considered to be one of the turning points in World War II that helped defeat Hitler.

Land Lease is a program that allows < The United States has simplified and expedited the procedure as much as possible providing the Allies with weapons, food, oil, and other necessities to fight Nazi Germany. This law was passed in March 1941 and lasted until September 1945. This assistance was received, in particular, by Great Britain, the countries of the British Commonwealth, France (Resistance Movement), China, and the USSR. This aid package included warships, planes, heavy weapons, etc.

The situation during World War II can be safely compared to the current situation in Ukraine.

“They [the British and other US allies] are asking us for military equipment, planes, tanks, guns, cargo ships that will allow them to fight for their freedom and our security,” US President Franklin Delano told the American people about the need to adopt a land lease policy. Roosevelt in December 1940.

During the Lend Lease, US allies received $ 50 billion in arms at the 1941 exchange rate (equivalent to $ 690 billion in 2020).

Not only did this help the Allies defeat the Nazis, but it was a huge boost to the American economy, which was rapidly building tanks, artillery, warships, and merchant ships to destroy the enemy on the European continent. And it's not just about the military industry. The impetus was also given to American farmers and oilmen, who supplied food and fuel, who supported Britain and its allies throughout the struggle.

Under the terms of the land lease program, the Allies had the right to use the equipment until it was destroyed by the enemy, or until victory and its return to the United States. However, only a small proportion of the weapons returned to the United States. Lend-lease agreements with European countries also provided for the repayment of supplies not only in cash (in the form of long-term US loans) or return of goods, but also “joint actions to create a liberalized international economic order in the postwar world.”

The World War II Lend-Lease Program is considered a turning point in the conflict, as it has allowed the United States to rapidly replenish Allied supplies without cumbersome procedural barriers.

Read also: Lend-Lease Bill for Ukraine to be considered today – Voice of America

Three weeks ago, on April 7, the bill was supported by the US Senate and after a two-week Easter vacation the document began to be considered in the House of Representatives .

It will be recalled that on April 27, congressmen unanimously supported > confiscation and transfer of Russian assets frozen due to sanctions to Ukraine .

See the special topic: The UN is ready to pay cash to two million Ukrainians – Guterres This operation is not typical for the organization, because Ukraine has a functioning government. Rescuers put out the fire as a result of the shelling in Kyiv – SES According to the SES, the number of victims has risen to ten. Ukraine is ready for urgent talks to evacuate people from Mariupol – Zelensky UN Secretary General stressed that active discussions are underway to implement the proposal to save people from Azovstal ”With the involvement of the UN and the Red Cross. Russia has defiantly struck at Kyiv during a UN Secretary-General's visit They call it Gutterish's “message”. The US Congress has supported a land lease bill for Ukraine The document must be signed by US President Joe Biden to enter into force.

Based on materials: ZN.ua

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