Business news from Ukraine

Germany will provide military assistance to Ukraine worth EUR 7.1 bln – Scholz

19 February , 2024  

Germany will provide military aid to Ukraine in the amount of EUR7.1 billion in 2024, including a EUR1.1 billion aid package, German Chancellor Olaf Scholz said at a press conference in Berlin on Friday.

“In total, Germany has allocated or committed EUR28 billion for military aid,” he added.

Today, Scholz noted, “we are preparing a new level – EUR 1.1 billion. This includes 36 armored howitzers and wheeled howitzers from industrial stocks, 120 thousand pieces of ammunition, as well as two Skynex systems and missiles for IRIS-T,” Scholz said.

According to him, the signed agreement on military cooperation establishes that Germany will continue to support an independent Ukraine that is defending itself against Russian aggression.

Germany, Scholz said, “will support Ukrainian partners in building modern, defensible armed forces in order to prevent any future Russian aggression.” According to him, “today’s agreement also covers assistance in the civilian sphere, such as demining, energy infrastructure in Ukraine and reconstruction.”

In turn, Scholz noted, Ukraine assumes responsibility for continuing reforms leading to the country’s accession to the EU. “I have to be clear: of course, we all want this war to end as soon as possible. But, unfortunately, we see that Russia is not ready for a lasting and just peace,” the Chancellor said.

He also appealed to the US Congress to “make the decisions that Ukraine needs now to provide financial and military support.”

According to the website of the German Ministry of Defense, on Friday the federal government prepared another package of military support for Ukraine worth EUR1.13 billion.

It includes 18 Panzerhaubitzen-2000 self-propelled howitzers (to be delivered in 2026-2027, including training, spare parts and ammunition, in addition to the 14 already planned), 18 RCH 155 wheeled howitzers (to be delivered in 2025-2027 in addition to the 18 planned), 120,000 rounds of 122 mm artillery ammunition (to be delivered in 2024), a second SkyNex air defense system (to be delivered in 2025), and 100 more IRIS-T SLS missiles (in addition to the previously planned).

“Our Security Agreement with Ukraine is historic. For the first time in its history, the Federal Republic acts as a guarantor state. Today’s signing is a clear sign that Germany is fulfilling its increased security commitments in Europe. Our “Munich package” worth more than EUR 1 billion confirms our ongoing military support for Ukraine and shows that we are fulfilling our promise to stand by our Ukrainian partners in their fight against Russian aggression,” said German Defense Minister Boris Pistorius.

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