Baku 11° C
EU to invest €1 billion in Ukraine's military industry
Other countries
- 26 November, 2024
- 09:44
Add Report.az to preferred Google sources
Stay up to date with the top news!
The European Union is set to invest €1 billion in the development of Ukraine's military production, drawing from the second tranche of €1.5 billion in expropriated revenues from frozen Russian assets, Report informs via TASS.
According to Didier Reynders, the European Commissioner for Justice, who spoke at a session of the European Parliament in Strasbourg, the EU has already provided substantial support to Ukraine, amounting to approximately €124 billion. This includes €45.5 billion in military assistance, with over €6 billion channeled through the European Peace Facility. However, Hungary is currently blocking an additional €7 billion in military support.
Author
Aİ Ukraynada hərbi istehsalın inkişafına 1 milyard avro investisiya qoyacaq
ЕС вложит 1 млрд евро в развитие военного производства в Украине
Latest News
11:17
China and Azerbaijan maintain frequent high-level contacts, ambassador says
Foreign policy
11:14
Lu Mei: China-Azerbaijan trade reached $3.46B
Foreign policy
11:04
Ambassador: China supports continuation of Azerbaijan's chairmanship in CICA
Foreign policy
10:44
China seeks closer ties between Chinese and Azerbaijani ruling parties
Foreign policy
10:26
Photo
Azerbaijani, Italian military experts attend training course in Baku
Military
10:26
Photo
Azerbaijani NGO Cooperation Forum kicks off in Ganja
Domestic policy
10:22
Photo
Hungary expresses interest in Azerbaijan's ASAN Service and volunteer program
Foreign policy
10:07
Azeri Light crude nears $107 per barrel
Energy
09:49
Police officer, suspect killed in US shootout
Other countries