Ukraine signed a security agreement with the EU and two other European countries.

Friday, June 28, 2024
Ukraine signed a security agreement with the EU and two other European countries.

The President of Ukraine, Volodymyr Zelenskyy, and the Presidents of the European Council, Charles Michel, and the European Commission, Ursula von der Leyen, signed Joint Security Commitments between the EU and Ukraine. The new agreement significantly differs from the bilateral security agreements that Ukraine signed with NATO countries. Even though Hungary refuses to support Ukraine, all EU member states unanimously agreed to sign the agreement.

Important provisions of the document concern Ukraine’s receipt of funding from the European Peace Fund. In particular, the agreement states that “the Assistance Fund for Ukraine under the EPF adds another €5B for 2024.” The money should be allocated for the provision of further military aid. At the same time, additional annual contributions can be provided until 2027 according to Ukraine’s needs.

The President of Ukraine also signed similar security agreements with the President of Lithuania, Gitanas Nauseda, and the Prime Minister of Estonia, Kaja Kallas.

 

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Zelenskyy, with allies, wants to create a plan to end the war in a few months.

Zelenskyy, with allies, wants to create a plan to end the war in a few months.

Next post
IT exports in May exceeded the April figure by $15M.

IT exports in May exceeded the April figure by $15M.

Previous Main Topics