European Union approves €5 billion for Ukraine’s defense

March 19,2024 373
European Union approves €5 billion for Ukraine’s defense

Ukraine will receive an additional €5 billion of military support within the framework of the European Peace Facility. The EU’s Foreign Affairs Council made the decision, as reported by Ukraine’s Ministry of Foreign Affairs.

Ukraine’s Foreign Minister Dmytro Kuleba joined the meeting. “A meeting of the EU Foreign Affairs Council, attended by the Ukrainian Foreign Minister, took the final decision to allocate an additional €5 billion for military support to Ukraine under the European Peace Facility. The Minister expressed his gratitude to his colleagues for this such an important step,” the message reads.

Ukraine Assistance Fund will be established within the European Peace Facility framework. This will enable the EU to further support the needs of the Ukrainian Armed Forces by providing lethal and non-lethal military equipment and training.

The EU is living up to its commitments. The Ukraine Assistance Fund turns our words into action. With the fund, we will continue to support Ukraine defend itself from Russia’s war of aggression with whatever it takes and for as long as we need to,” said Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy.

Recently, Hungary has been blocking EU assistance to Ukraine through the European Peace Facility. During the vote to allocate €5 billion to Kyiv, Budapest once again “constructively abstained,” reported Zoltán Kovács, State Secretary for Public Diplomacy and Relations with the Public.

Cover: CEPA

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