< Back

Zelensky discussed with Stoltenberg a €100 billion fund for Ukraine

Apr 29, 2024

President of Ukraine Volodymyr Zelensky met with NATO Secretary General Jens Stoltenberg in Kyiv. The parties discussed, in particular, a €100 billion fund for Ukraine.

This is reported with reference to a statement by President of Ukraine Volodymyr Zelensky at a joint press conference with NATO Secretary General Jens Stoltenberg.

Image
"Today we discussed Jens's initiative to create a special financial support fund for Ukrainian defense in the amount of 100 billion euros for a period of five years," Zelensky said.

He clarified that NATO countries have the capabilities to implement such an initiative of the Secretary General.

But, as the president noted, it is important for Ukraine to know the details of the fund's creation. Zelensky emphasized that such an initiative should not take into account bilateral assistance provided for in security assurance agreements.

It is worth noting that information about plans to create a NATO fund to help Ukraine worth €100 billion over five years appeared in the media in early April. The idea was proposed by Secretary General Jens Stoltenberg.

He plans to approve this initiative at the NATO anniversary summit in Washington. The event will be held on July 9-11.

Author – Anastasiya Glotova, 29/04/2024

Recent news