Sweden provides €417M to support the Ukrainian Armed Forces.

Sweden has announced the allocation of SEK 4.8B (€417M) to assist the Ukrainian military and defense industry. These funds are part of the country’s 19th aid package and include financial contributions to the following funds and initiatives:

1. SEK100M(€9.1M) to the demining coalition
2. SEK300M (€27.5M) to the drone coalition
3. SEK 50M (€4.5M) to the maritime coalition, including the training of military personnel
4. SEK 30M (€2.7M) to the IT coalition
5. SEK 1 billion (€91.7M) to the Danish model of arms procurement from the Ukrainian defense industry
6. SEK418M (€38.3M) to purchase equipment that supports the development of Ukraine’s land forces, including armored vehicles
7. SEK500M (€45.8M) for the Czech artillery ammunition purchase initiative
8. SEK546M (€50M) for a similar initiative from Estonia
9. Over SEK 1B (€91.7M) for the purchase of air defense systems and long-range UAVs

Ukraine and Sweden also signed a memorandum of cooperation in agriculture, fisheries, the food industry, and irrigation. The main areas of cooperation include the restoration and reconstruction of agricultural value chains and infrastructure in Ukraine through joint projects.