The financing of the Armed Forces of Ukraine within the framework of the European Peace Fund has reached 4.6 billion euros.
The Council of the European Union approved the allocation of 1 billion euros under the European Peace Fund (EPF) to support the Armed Forces of Ukraine. It was reported on the Council’s website on Thursday, April 13.
This measure would allow the EU to reimburse Member States for the cost of ammunition transferred to Ukraine from existing stocks or by reprioritizing existing orders between February 9 and May 31 , 2023.
EU High Representative for Foreign Affairs and Security Policy Josep Borrell said this decision implements the first part of the Council’s agreement on a trilateral approach aimed at speeding up the delivery and joint procurement of artillery ammunition .
“There is no better demonstration of the EU’s united resolve and determination to continue to support Ukraine’s legitimate right to self-defense against the brutal Russian aggressor,” he said.
Together with the previous seven tranches of support, the approved aid proposal brings the total EU contribution to Ukraine under the EPF to 4.6 billion euros.
It will be remembered that on March 20, EU countries agreed on a plan for the supply of 1 million shells to Ukraine within 12 months. 18 countries joined this project.
South Korea to lend US 500,000 artillery ammunition – media
news Correspondent.net on Telegram. Subscribe to our channel Athletistic
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.