Borrell proposes to create Defense Fund for Ukraine

Borrell proposes to create Defense Fund for Ukraine

Ukrinform
The European Peace Facility, which currently finances military support for Ukraine, may need to be turned into a Ukrainian Defense Fund to ensure sustainable and long-term support for the Ukrainian people.

The relevant statement was made by High Representative of the European Union Josep Borrell to journalists before the European Council meeting in Brussels, an Ukrinform correspondent reports.

"We have to make Ukraine able to defend. So, the European Peace Facility for Ukraine maybe has to become the Ukrainian Defense Fund," the top EU diplomat said.

According to Borrell, the EU's security commitments to Ukraine should include not only the allocation of regular tranches of aid but also efforts in the long term - "during the war and after the war."

Read also: Estonian PM: Only security guarantee for Ukraine is NATO membership

He also emphasized the need to continue training Ukrainian soldiers and modernize the Ukrainian army.

As reported, a two-day EU summit begins in Brussels on June 29, with the situation in Ukraine as the first item on the agenda.

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Extended searchHide extended search
By period:
-