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Sweden allocates additional funds for Ukraine's defence industry and long-range missiles

22 November 2024 20:23

Swedish Defence Minister Pal Jonson has said that the Swedish government decided to allocate 25 billion krona ($2.25 billion) in 2025 and 2026 for military support to Ukraine.

The minister made these remarks at a press conference following talks with his Ukrainian counterpart Rustem Umerov, Caliber.Az reports via Russian media.

Moreover, the Cabinet of Ministers is prepared to fund the Ukrainian military-defence complex for the mass production of long-range missiles and drones.

"They will be produced in Ukraine by the Ukrainian defence enterprises but will be financed by Sweden," Jonson commented. 

The Swedish defence minister further added that the specifics of the new package would be announced in January.

According to the Swedish government, since February 2022, Sweden has allocated 57.4 billion krona in assistance to Ukraine, of which 48.4 billion krona has been dedicated to military support (approximately 4.99 billion euros and 4.20 billion euros, respectively).

Canada, a strong supporter of Kyiv on the international stage, also announced the donation of 80,840 surplus small unarmed air-to-surface rockets to Ukraine, along with 1,300 warheads. 

Since Russia's invasion of Ukraine in February 2022, Canada has committed C$4.5 billion in military aid. Since the beginning of 2022, Canada has committed $4.5 billion in military assistance to Ukraine. This funding will allow Canada to deliver military assistance to Ukraine through to 2029.

Germany is the second-biggest arms supplier to Ukraine after the US.  To date, it has allocated approximately 28 billion euros ($30 billion) for military support and committed to future expenditures.

According to the 2025 budget agreement, Germany will provide 4 billion euros ($4.4 billion) in military support to Ukraine, which is half of what was allocated in 2024. Russian authorities have repeatedly asserted that the influx of weapons to Ukraine will not diminish Russia's resolve or change the course of the special military operation.

By Naila Huseynova

Caliber.Az
Views: 265

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