Important Takeaways:

• Joe Biden and Volodymyr Zelenskiy will sign a 10-year bilateral security agreement at the G7 summit in Italy, as arguments continued on the sidelines about how the west can provide a Donald Trump-proof $50bn loan to Ukraine.
• As with the other bilateral pacts, the agreement with the US will not require America to come to Ukraine’s defense if attacked. But it could make it easier for Ukraine to enter into peace negotiations with Russia, as Kyiv would have some assurance about the help it would receive in the event of a further Russian attack.
• The US-Ukraine agreement does not require the authorization of Congress and could be undone by a future Trump administration.
• Biden has said previously that guarantees for Ukraine would be equivalent to those to Israel, covering financial and military assistance as well as the possibility of the joint weapons production.

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