Washington’s involvement may also help mitigate political opposition in Europe, while giving the U.S. strategic visibility over future Russian energy flows, sources told Reuters.
The agreement, signed on April 30, establishes a joint investment fund between Kyiv and Washington and grants the U.S. special access to projects developing Ukraine's natural resources.
Ukraine is considering moving away from the U.S. dollar and closer to the euro as a benchmark for the hryvnia, National Bank Governor Andrii Pyshnyi told Reuters.
Danish Prime Minister Mette Frederiksen (L) and Ukrainian President Volodymyr Zelensky address a press conference after a bilateral meeting at the presidential palace in Helsinki, Finland, on May 3, 2023. (Photo: Mads Claus Rasmussen/Ritzau Scanpix/AFP via Getty Images)
Dernmark’s Defense Ministry announced on June 19 another package of military aid for Ukraine worth around $3.2 billion to be delivered in the period from 2023-2028.
The new package will include weapons, military equipment, emergency equipment, and training support.
According to the ministry’s press release, $1.1 billion should be delivered in 2023, $1.5 billion in 2024, and $150 million annually in 2025-2028. Denmark has also set aside funds to meet NATO’s objective of 2% defense spending.
“Every growl of Leopard and salvo of Caesar is a salute in your honor. And your participation in the ‘Bird Coalition’ will add to this orchestra the sounds from the sky that we long for,” Ukraine’s Defense Minister Oleksii Reznikov thanked the Danish partners.
On June 15, the Danish government said it will allocate around $3.2 billion to its Ukraine Fund for military, security, and other types of aid.
It also announced the initial part of the package of $2.6 billion for the period 2023-2024 during the 13th Ramstein-format summit.
Copenhagen has offered to train Ukraine’s pilots on its own territory and indicated readiness to provide its own F-16 fighter jets for Ukrainian Air Force with consent from Washington.
Martin Fornusek is a news editor at the Kyiv Independent. He has previously worked as a news content editor at the media company Newsmatics and is a contributor to Euromaidan Press. He was also volunteering as an editor and translator at the Czech-language version of Ukraïner. Martin studied at Masaryk University in Brno, Czechia, holding a bachelor's degree in security studies and history and a master's degree in conflict and democracy studies.
Igor Kossov
