Business news from Ukraine

Finland to send 20th package of military aid to Ukraine

17 November , 2023  

On Friday, Finnish President Sauli Niinistö decided to send another military equipment to help Ukraine on the proposal of the government.

According to the Finnish government’s website, this will be the 20th delivery of military equipment to Ukraine. The replacement of the defense equipment contained in this package will cost Finland approximately EUR100 million.

“The total compensation value of the 20 packages of Finnish defense equipment now amounts to EUR 1.5 billion,” said Finnish Defense Minister Antti Kaikkonen.

For operational reasons, and to ensure that the aid reaches its destination safely, no further information will be disclosed about the contents of the package, the method of delivery or the schedule.

The government noted that the decision to provide additional assistance took into account both the needs of Ukraine and the resources of the Finnish Defense Forces.

“The prospects for security in Europe and Finland in the current decade are at stake in Ukraine’s defense struggle. Together with our allies, we remain unwavering in our commitment to support Ukrainians,” Mr. Kaikkonen emphasized.

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