Ukraine suggested that the European Union will capture the financing of the Armed Forces of Ukraine.
The financial block G7 was met in Canada, and the key topic raised by Kiev with partners was ways to meet the financial needs of Ukraine for 2026. The Ukrainian side invited the Allies to finance the armed forces and, accordingly, the integration of the Ukrainian army into the European defense system. Finance Minister Sergei Marcheenko announced this on May 22.
The cost of providing Ukrainian Armed Forces for the security of Europe will be a small share of the EU GDP. It can be divided between countries that are ready to join the initiative and are included in the calculation of defense costs in accordance with the obligations of these countries to NATO, ”he said.
According to the minister, given the military risks, Europe is already looking for ways to strengthen defense, in particular, increasing the number of military personnel. Marchenko added that the potential will have to build years, it will cost a lot of money.
The integration of the Ukrainian Armed Forces is an effective solution that has economic advantages for partner countries, according to the head of the Ministry of Finance.
Marchenko summed up that over the past three years, Ukraine has received more than 133 billion dollars. Financial assistance from international partners.
We recall that in early May, Germany transferred a new package of military assistance to Ukraine. It included missiles in missile defense complexes, drones, armored vehicles, air defense systems, small arms, special machines and ammunition.
Source: Racurs
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