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Bloomberg: Ukraine's arms supplies face uncertainty

27 September 2024 18:20

Arms deliveries to Ukraine for the upcoming year are in jeopardy as some allies encounter difficulties securing funding, while others are reluctant to boost financial support for Kyiv.

An anonymous source from Bloomberg indicated that the current dynamics illustrate a disparity: while Russia's economy is geared towards sustaining its war efforts, Ukraine's allies are not matching that commitment, Caliber.Az reports.

A significant portion of military aid for Ukraine in 2025 hinges on a G7 agreement, which proposes $50 billion in loans derived from profits from frozen Russian central bank assets.

However, negotiations over the final details of this arrangement are ongoing, with the U.S. seeking guarantees that Hungary will refrain from obstructing European Union measures. If consensus is not reached, the total figure could decrease.

Even if an agreement is achieved, sources suggest that the $50 billion pledged will fall short of addressing Ukraine's requirements for another year of conflict. Consequently, allies will likely need to exceed this funding framework to adequately support Ukraine's defence efforts.

By Tamilla Hasanova

Caliber.Az
Views: 233

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