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EU agrees five billion euro boost for military aid to Ukraine

EU agrees five billion euro boost for military aid to Ukraine

Al Jazeera
Wednesday, March 13, 2024 07:54:45 PM UTC

The move provides a welcome boost for Kyiv as support from its other major backer, the United States, wavers and its outgunned forces struggle to hold back Russia.

European Union countries have agreed to provide five billion euros ($5.48bn) for military aid to Ukraine as part of a revamp of an EU-run assistance fund, handing Kyiv a timely boost as its forces struggle against Russia’s invasion.

Ambassadors from the EU’s 27 member countries agreed to the overhaul of the European Peace Facility (EPF) fund at a meeting in Brussels on Wednesday after months of wrangling, with EU heavyweights France and Germany at the centre of much of the debate.

“The message is clear: we will support Ukraine with whatever it takes to prevail,” EU foreign policy chief Josep Borrell posted on social media platform X after the decision.

The fund operates as a giant cash-back scheme, giving EU members refunds for sending munitions to other countries.

France, a strong promoter of European defence industries, had insisted on a strong “buy European” policy for arms eligible for refunds. Other countries argued that such a requirement would inhibit efforts to buy worldwide to get weapons to Ukraine quickly.

Read full story on Al Jazeera
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