Norway has joined a coalition to support Ukraine in the field of air defense, the press service of the Norwegian government reports.
“It is quite natural for Norway to be part of such an air defense coalition. Norwegian NASAMS contributes to saving Ukrainian lives and protecting critical infrastructure every day,” said Norwegian Defense Minister Bjørn Arild Gram.
The press release notes that the Norwegian government has already joined three coalitions that provide military support to Ukraine. These are the Maritime Coalition, which Norway leads jointly with the United Kingdom, the F-16 Coalition, under which the Norwegian government will provide Ukraine with F-16 fighter jets and train the Ukrainian Armed Forces in their operation, and the Air Defense Coalition, led by Germany and France.
“We have stated that we will provide support where it is most needed. Air defense is on Ukraine’s list of priorities. It is absolutely necessary to protect military departments, cities and critical infrastructure necessary to support the life of society,” the head of the Norwegian Defense Ministry emphasized.
As reported, on February 14, France and Germany launched a coalition in Brussels to support Ukrainian air defense within the framework of the Contact Group on Ukraine’s Defense.
27 EU leaders have agreed on an additional €50 billion package of support for Ukraine within the EU budget, European Council President Charles Michel said.
“We have an agreement. We have unity. All 27 leaders have agreed on an additional €50 billion package of support for Ukraine within the EU budget. This provides sustainable, long-term and predictable funding for Ukraine. The EU is taking the lead and responsibility in supporting Ukraine; we know what is at stake,” Michel wrote on social media platform X on Thursday.
NATO Secretary General Jens Stoltenberg has expressed confidence that Poland and Slovakia will continue to support Ukraine after the upcoming elections, despite recent harsh remarks against Kyiv, Reuters reported on Friday, September 29.
“I expect and I am confident that Ukraine and Poland will find a way to resolve these issues without negatively affecting military support for Ukraine,” Stoltenberg said in an interview with Reuters.
It is noted that Poland, a NATO member, was until recently considered one of Ukraine’s staunchest allies in its war with Russia, but relations with it deteriorated after Poland’s decision to extend the ban on imports of Ukrainian grain.
Slovakia, a NATO member, is also an ally of Ukraine, supplying military equipment, including MiG-29 fighter jets and S-300 air defense systems. However, opposition leader and former prime minister Robert Fico, who is leading in pre-election polls, has vowed to end this military support, Reuters emphasizes.
“Whatever the new government in Slovakia, we will continue to sit in NATO meetings,” Stoltenberg said, “and I am confident that we will find ways to continue to provide support – as we have done after every election in this alliance since the beginning of the war.
European Union leaders say they will continue to fully support Ukraine by providing political, economic, military, financial and humanitarian aid for as long as needed.
This is the case in the conclusions on Ukraine adopted at a European Council meeting Thursday in Brussels.
“The European Union firmly and fully supports Ukraine and will continue to provide strong political, economic, military, financial and humanitarian support to Ukraine and its people for as long as necessary. The European Union and member states will intensify their efforts to help meet Ukraine’s urgent military and defense needs,” the document said.
In addition, the findings state that the European Union remains committed to supporting Ukraine’s recovery and reconstruction in coordination with international partners. “In this context, the European Council reiterates the EU’s full support for the establishment of an international mechanism to record the damage caused by Russia. Together with partners, the European Union will continue to step up efforts to use frozen and immobilized Russian assets to rebuild Ukraine and to make reparations in accordance with EU law and international law,” the text said.
EU leaders also welcomed Ukraine’s commitment and efforts to implement reforms and underlined the importance of Ukraine’s accession process in line with its earlier conclusions, in particular those of June 23-24, 2022.
The Norwegian government is preparing to invest about NOK 1.5 billion in the UK-led International Fund for Ukraine.
According to the Norwegian government’s website, the investment comes in addition to the NOK 400 million that Norway previously donated to the fund. The funding was used to purchase drones, drone suppression equipment and artillery shells.
The new donation is part of the NOK 3 billion that the Norwegian government will provide for military support to Ukraine in 2022.
The European Bank for Reconstruction and Development (EBRD) will allow NPC Ukrenergo to change the purpose of a EUR50 million loan for emergency liquidity support, and the European Fund for Sustainable Development will provide a guarantee to cover the first losses.
“This support is part of the EUR1 billion that the EBRD plans to implement in Ukraine this year in cooperation with donors and partners,” the bank said in a press release on Wednesday.
The EBRD notes that EUR50 million will ensure a stable electricity supply in the country, whose economy was significantly negatively affected by the Russian military invasion in February.
“At a time when Ukrainians are resisting Russian aggression, it is important to ensure proper electricity supply in their country, and therefore support the critical role of Ukrenergo. We are also preparing support with the EBRD for other important areas of the Ukrainian economy, which will be provided in the coming weeks , in particular to meet the liquidity needs of the railway and pharmaceutical industries,” Valdis Dombrovskis, Executive Vice President of the European Commission, is quoted in the bank’s message.
He joined EBRD President Odile Renaud-Basso to sign a European Fund for Sustainable Development (EFSD) guarantee on the loan, which will reduce the bank’s credit risk in the current war conditions, the release said.
According to him, Ukrenergo’s support is part of a total EUR1 billion support that the EBRD plans to implement in Ukraine this year in cooperation with donors and partners. In order to meet the most urgent needs of Ukraine, the bank has identified five priority sectors of the Ukrainian economy: trade finance, energy security, vital infrastructure, food security (providing liquidity through banks for farmers for the spring planting campaign, as well as for agricultural companies and grocery retailers), and maintaining liquidity for pharmaceutical companies.
As reported, in July 2019, the EBRD agreed to provide Ukrenergo with EUR149 million to upgrade key elements of the electricity transmission infrastructure to support system stability and synchronization with European electricity grids, as well as to help Ukraine bring its legislation and operating principles in line. with the Third Energy Package of the EU. This loan has been partially disbursed.
Following a Russian-led war, the EBRD and Ukraine agreed to change the purpose of part of an existing loan for emergency liquidity support.
The EFSD is the financial mechanism of the EU’s External Investment Plan, which provides support for investment in Africa and the EU’s partner countries.
The EBRD immediately condemned the Russian invasion of Ukraine on February 24 and promised to stand with Ukraine. On April 4, the Bank’s Board of Governors voted to suspend indefinitely Russia’s and Belarus’ access to EBRD financing and technical assistance. The bank is closing its offices in these two countries. In addition to the EUR2 billion resilience package, the EBRD has pledged to help finance the recovery of Ukraine when conditions permit/
All EBRD investments in Ukraine under the resilience package for Ukraine and neighboring countries affected by the war will involve risk sharing with partners.
