The US and Ukraine have signed a 10-year military pact BBC News

Ukrainian President Volodymyr Zelensky and President Biden have signed a 10-year bilateral security agreement between Ukraine and the US, which Kiev has described as “historic”. The agreement proposes US military aid and training assistance to Ukraine, but does not commit Washington to sending troops to fight for its ally. US President Joe Biden said it was another reminder to Russia that “we are not backing down”. However, Moscow has threatened what it called “extremely painful” retaliatory measures. G7 leaders meeting in Italy agreed to use frozen Russian assets to raise $50bn (£39bn) for Ukraine to fight against invading Russian forces. The money is not expected to arrive until late 2024, but is seen as a longer-term solution to support Ukraine's war effort and economy. The G7, along with the EU, froze assets worth $325 billion following Russia's invasion of Ukraine in 2022. The asset pot is generating about $3 billion a year in interest. According to the G7 plan, this money will be used to pay the annual interest on the 50 billion dollar loan for Ukrainians, taken on international markets. Reeta Chakrabarti presents BBC News at Ten reporting from Vicki Young. Subscribe here: http://bit.ly/1rbfUog

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