They also play a crucial role right now, in particular, in providing developing nations an alternative--a viable alternative to China's Belt and Road Initiative.
Editor's note · Context
Portman highlights the role of U.S. institutions in offering alternatives to China's initiatives.
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What are we doing about it? Well, we are helping the Ukrainians militarily, and I think that has been extremely helpful to the successes we have seen on the battlefield.
I note that the NATO meeting coming up will have the heads of state from countries like South Korea and Japan and Australia and New Zealand attending.
Following on the $40 billion dollar package that Senator Markey and I supported to help Ukraine, I would hope that the IMF can play a bigger role, going forward, to help Ukraine get back on its feet.
Eight hundred and seventy million dollars a day is about what the Europeans are sending to Russia to help fund the war machine and so we need to see a change there.





