Business news from Ukraine

Business news from Ukraine

Norway to allocate 2.7 bln kroner to strengthen Ukraine’s navy

16 December , 2024  

Norway will allocate 2.7 billion kroner ($242.38 million) to strengthen the Ukrainian navy and help deter Russian naval forces in the Black Sea, Prime Minister Jonas Gahr Støre said, Reuters reports.
“It is necessary to protect the population and infrastructure of Ukraine from attacks by the Russian Black Sea Fleet,” Reuters quoted the Norwegian prime minister as saying on Monday.
“It is also important to protect the export of grain and other products by sea, which bring Ukraine its most important revenues,” he added.