Business news from Ukraine

Lithuania allocates EUR 35 mln to Ukraine for purchase of radars

25 August , 2024  

Lithuania is allocating EUR35 million to Ukraine for the purchase of radar and demining equipment, and plans to supply more than 5,000 Lithuanian-made drones by the end of the fall, Prime Minister Ingrida Šimonite said.
“At our meeting today, I informed President Zelensky that the recent package of military assistance from Lithuania to Ukraine will arrive in early September. It will include 10 short-range air defense systems, 30 anti-submarine missiles and other equipment, weapons and ammunition. In addition, we are allocating 35 million euros for the purchase of radar and demining equipment,” Šimonite said at a press conference on Saturday.
“By the end of the fall, we hope to be able to provide more than 5,000 Lithuanian-made drones,” she added.
According to Šimonite, the Lithuanian government has pledged to spend at least a quarter of its GDP on defense and security assistance to Ukraine each year.
“My government will not only ensure but also exceed this plan. I hope that no matter what kind of government we have after the elections in October, it will remain committed to this goal,” she emphasized.
The Prime Minister added that a new package of equipment to help restore Ukraine’s energy sector is also coming. In addition, Lithuania will continue to support Ukraine’s recovery with a focus on the education and healthcare sectors.
“Today, another kindergarten in Borodyanka, which Lithuania helped to restore, has opened and is ready to welcome Ukrainian children. In response to President Zelenskyy’s request, we will also help three hospitals in Zhytomyr, Dnipro and Lviv regions,” Šimonite said.