Sweden allocates €6,5 billion to support Ukraine militarily in 2024-2026

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Sweden’s government and the Sweden Democrats have reached an agreement to establish an initiative ensuring long-term military support for Ukraine from 2024 to 2026.

The announcement was published on the official website of the government.

“With Russia’s invasion of Ukraine, the security situation in Europe is the most serious since World War II. This means that the rearmament at home must continue at the same time as the support for Ukraine continues,” reads the official government’s statement.

Establishing a three-year framework for military support to Ukraine, the state will contribute SEK 25 billion (€2,1 billion) per year.

“This support will help fund long-term donations of additional military materiel and the purchasing of new materiel for direct supply from the defense sector to Ukraine,” the Swedish Prime Minister Ulf Kristersson elaborated on the mechanism of the initiative.

According to him, Sweden has provided Ukraine with 15 military equioment support packages, including air defense systems, combat vehicles, main battle tanks, archer artillery, anti-tank weapons, combat boats and mine clearance equipment since February 2022.

“You’re fighting not only for your own freedom and security, but also for ours […] Ukraine’s cause is Sweden’s cause,” Kristersson adressed Ukrainians, announcing the initiative.

Volodymyr Zelenskyy thanked Ulf Kristersson and the entire Swedish nation for their unwavering support and solidarity with Ukraine.

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