At the meetings of the G7 Financial Unit in Canada, saturated negotiations with the financial minister of several country partners and the IMF leadership took place.
Ukraine has offered Europe a new format for supporting the armed forces of Ukraine – direct financing, which will make it better and fast. This was announced by Ukraine Sergey Marchenko’s finance minister.
According to him, at the meetings of the G7 Financial Unit in Canada, saturated negotiations with the financial minister of some country partners, the IMF leadership, as well as a discussion of Ukraine’s restoration and potential investment along with the Canadian business.
The minister emphasized that the G7 session passed with clear signals about the continuation of Ukraine’s support.
“The main topic to be raised with partners – ways to meet Ukraine’s financial needs for 2026,” Marchenko said.
The minister added that the dialogue is currently ongoing regarding the possibility of incorporating the Ukrainian military potential into the European defense system.
“I’m sure such a decision has a number of strategic benefits for Ukraine, in particular, maintaining financial stability in 2026 and beyond, and for the EU, to protect itself from Russia’s potential aggression. After all, the Ukrainian army has all the experience needed for it,” Marchko said.
According to him, Ukraine offers funding partners in the Ukrainian Armed Forces, the integration of the Ukrainian army into the European defense system.
“The costs of ensuring Ukrainian armed forces for European security will take in a small part of the EU GDP. It can be distributed between countries ready to join the initiative and include the calculation of defense expenditure in accordance with the obligations of these countries in NATO,” the minister said.
Marchenko noted that the military risks, Europe is looking for ways to strengthen defense, including an increase in the number of military personnel.
“But the creation of such a potential will take years and significant resources. Incorporating Ukrainian armed forces is an effective solution that has economic benefits for country partners,” he said.
Marchenko emphasized that Ukraine’s support is an investment in European stability, and the strengthening of defense capabilities is not a political choice, but an urgent need.
“You have to act now to be strong in the future. We continue systematically with partners to ensure a fair and stable peace for Ukraine,” the minister said.
As you know, from the beginning of the full -scale Russian invasion to Ukrain, the funds provided by the EU were sent to support the Ukrainian budget, in particular, they covered society payments and budget payments and not available for the needs of the defense forces. Meanwhile, all the ways Ukraine obtained were sent to the army.
Earlier it was reported that the European Union had sent a billion euros from superprofits from frozen possessions of Russia to the Ukrainian defense industry.
Keep in mind that EU countries have agreed to create a loan fund for € 150 billion, which will allow member states to take a loan from Brussels to buy weapons through joint tenders. The initiative was part of the large -scale re -equipment of the European defense sector against Russia’s entire -scale war against Ukraine.
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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.