Germany will send 50 Gepard anti-aircraft systems to Ukraine, Canada 8 armored vehicles, Britain additional anti-aircraft systems, US Secretary of Defense Lloyd Austin said.
“I want to especially welcome Germany’s significant decision as Minister Lambrecht announced today that Germany will send 50 Gepard anti-aircraft systems to Ukraine. Yesterday, the British government announced that it would also provide additional anti-aircraft systems to Ukraine. Canada today announced that it would send 8 armored vehicles to Ukraine. This is important progress, we see more every day,” Austin said at a press conference following a meeting of defense ministers from more than 40 countries regarding Ukraine’s current and future defense needs at Ramstein Air Base in Germany on Tuesday.
Canada’s draft federal budget for 2022 (starts July 1), presented by Deputy Prime Minister Chrystia Freeland in Parliament on Thursday, provides for the continuation of active financial support for Ukraine, in particular, the allocation of CAD500 million (almost $400 million) of military assistance and CAD1 billion (almost $800 million) loans.
“Canadians support the brave people of Ukraine, who are fighting for their lives, for their sovereignty, for their own and for our own democracy,” reads the preamble to a separate “Support for Ukraine” section of the budget, posted on the Canadian Treasury website.
According to him, at the beginning of this year, Canada announced the expansion of Operation UNIFIER, the mission of the Canadian armed forces to provide military training and support to Ukrainian forces, under which since 2015 Canada has trained about 33,000 Ukrainian military and security forces, as well as the provision of military assistance to over CAD90 million
“The 2022 budget proposes to allocate an additional CAD500 million in 2022-2023 to provide additional military assistance to Ukraine,” the draft reads.
It clarifies that Canada is already providing military assistance, both lethal and non-lethal, and is also partnering with allies to share intelligence and provide support in enhancing Ukraine’s cybersecurity.
With regard to sanctions and holding Russia accountable, the draft 2022 budget announced the government’s intention to clarify the powers of the Minister of Foreign Affairs to confiscate and dispose of assets belonging to individuals and entities under sanctions.
The document states that to date, Canada has provided CAD145 million in humanitarian assistance and CAD35 million in development assistance to provide direct support to Ukrainians affected by the illegal Russian invasion, as well as loans totaling CAD620 million to support Ukraine’s financial stability, economic sustainability and governance reforms.
“The 2022 budget announced that Canada will offer up to CAD1 billion in new credit resources to the government of Ukraine through a new managed account for Ukraine at the International Monetary Fund (IMF) so that the government can continue its activities,” the draft reads.
It clarifies that Canada has worked with the government of Ukraine, the IMF and other member countries to establish this mechanism and encourage allies and partners to participate.
In addition, Canada recalled that since March 17, it has given permission to Ukrainian refugees and their closest relatives of any nationality to stay in Canada as temporary residents for up to three years with the right to work. They will also have access to additional support such as language training and career guidance services.
The federal government is also developing a special permanent residence program for Ukrainians with relatives in Canada.
“The government has provided new funding of CAD111 million over five years with CAD6 million in subsequent years to implement these new immigration measures,” the draft states, including CAD78 million for this purpose in the draft 2022 budget.
President of Ukraine Volodymyr Zelensky has appointed former Deputy Head of the President’s Office, former member of the Supervisory Board of NJSC Naftogaz Ukrainy Yulia Kovaliv as Ambassador of Ukraine to Canada.
A photocopy of the relevant decree was posted on Facebook by Deputy Head of the President’s Office Andriy Sybiha.
In addition, Vasyl Miroshnychenko was appointed Ambassador of Ukraine to Australia, and Mykola Nahorny was appointed Ambassador of Ukraine to Egypt
First Deputy Prime Minister of Ukraine, Minister of Economy Yulia Svyrydenko and Minister of International Trade, Export Promotion, Small Business and Economic Development of Canada Mary Ng during an online meeting on January 27 announced the launch of negotiations to modernize the Canada-Ukraine Free Trade Agreement (CUFTA).
“Canada and Ukraine will seek to negotiate new obligations in areas, including services, investment, digital trade, labour, and the environment, while advancing an inclusive approach to trade that aims to facilitate new opportunities for small and medium-sized enterprises,” the Ministry of Economy said in a statement.
Canadian Minister of National Defense Anita Anand and Canadian Foreign Minister Melanie Joly have joined Canadian Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland in announcing a decision to allocate $340 million for immediate support to Ukraine and for the continuation of the UNIFIER operation for another three years – until the end of March 2025, and an increase in the number of personnel of the training mission in Ukraine to 400 people.
“Canada is steadfast in its support of Ukraine’s sovereignty, territorial integrity and independence. Canada is alarmed by, and condemns, Russia’s threats and military buildup in and around Ukraine. Canada remains committed to a diplomatic solution and continues to call on Russia to de-escalate and engage in meaningful dialogue. Any further aggression on the part of Russia will be met with strong consequences and Canada continues to work with allies and partners on a coordinated response,” the government of Canada said on its website.
“This extension and expansion of Canada’s military presence in support of Ukraine will ensure that members of the Canadian Armed Forces (CAF) will continue to provide enhanced military training and mentorship to Ukraine’s security forces through to the end of March 2025. In the coming days an additional 60 troops will be deployed to Ukraine to join the approximately 200 women and men already on the ground, with the ability to increase the total number to 400 CAF personnel. The CAF will also work with the Communications Security Establishment on measures to support enhanced intelligence cooperation and cyber security and cyber operations. This increased support will help Ukraine strengthen its security and ability to defend itself against a range of threats,” the report reads.
Ukrainian Defense Minister Oleksiy Reznikov thanked the Canadian people and government for their unwavering support of the Ukrainian Armed Forces in countering the Russian threat.
The Government of Canada has offered to provide a loan of up to CAD 120 million to support the economic stability and development of Ukraine.
“Today, the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, and the Honourable Mélanie Joly, Minister of Foreign Affairs, announced that Canada has offered to provide a loan of up to CAD 120 million to the Government of Ukraine to support the country’s economic resilience and governance reforms,” the Government of Canada said in a statement on Friday.
In addition, Canada has also offered to provide a technical assistance grant of up to CAD 6 million to support the implementation of the loan. Canadian and Ukrainian officials are already meeting to discuss the potential terms of the loan and a timeline for its implementation.
“Ukrainians can always count on Canada to be there for them when needed. By working together, we can strengthen the economy and help advance governance reforms. I authorized this proposed loan to support Ukraine’s ability to respond to its population’s needs amid Russia’s aggressive actions. This is just one step in helping build a secure future for Ukrainians, and I will continue to look at ways to support Ukraine,” Sajjan said.
The Government of Canada also said that in 2014 and 2015, the country provided a CAD 400 million (CAD 200 million per year) loan to Ukraine to the then new government to support its economic recovery and development goals, and this loan was fully repaid with interest as scheduled in 2020.
The new assistance is provided under the CAD 620 million sovereign loan program approved in 2018. According to it, the maximum loan term is up to ten years. Principal and interest payments must be made at least once a year, with a possible grace period in certain circumstances, and a fixed rate of interest equal to the cost of the Canadian government loan.
The total amount of loans to the country under this program cannot exceed CAD 120 million.
On January 20, the National Bank of Ukraine said that due to the military threat from Russia, Ukraine’s eurobond rates rose to double-digit stress levels, and the country temporarily lost access to the market for external commercial loans. According to the NBU, in such conditions, the role of financing from international financial organizations such as the IMF and the World Bank, as well as partner countries, increases.
