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.
The Atesh partisan group claims it disabled communication at several Russian military facilities when it allegedly destroyed equipment at a transformer substation in the village of Mogiltsy in Russia's Moscow Oblast.
A Patriot anti-aircraft missile system launcher stands at the air base on June 17, 2023, in Bavaria, Germany. (Karl-Josef Hildenbrand/picture alliance via Getty Images)
Berlin will send an additional 68 Patriot missiles to Ukraine, German Defense Minister Boris Pistorius said during a joint press conference with President Volodymyr Zelensky in Mecklenburg-Vorpommern, Germany, on June 11.
While 32 missiles have already been sent over the past two days, an additional 68 will be delivered in the coming weeks.
The decision comes as Ukraine faces increased Russian attacks on its population centers and infrastructure.
Pistorius emphasized the urgency of strengthening Ukraine's air defenses, referencing his recent visit to Odesa, where he observed the devastating effects of Russian missile strikes. He also unveiled an aid package valued at 500 million euros ($542 million).
"After I saw how critical Ukraine's air defense is for its survival, today (June 11) I have the pleasure to announce the delivery of a significant number of Patriot interceptors – one hundred," Pistorius said.
The Patriot missiles will be provided in collaboration with Denmark, the Netherlands, and Norway as part of a German-led initiative launched in April to bolster Ukraine's air defense capabilities. This initiative has garnered support from several countries, including Belgium, Denmark, Canada, the Netherlands, and Norway.
Berlin launched the initiative in April amid Kyiv's increasingly dire need for air defenses, facing heavy Russian aerial attacks against population centers and the energy grid.
A number of countries have already backed the initiative since then, including Belgium, Denmark, Canada, the Netherlands, Norway, and others.
German Chancellor Olaf Scholz earlier in the day announced that Berlin will transfer its third Patriot air defense system, as well as IRIS-T and Gepard anti-aircraft systems, missiles, and ammunition, to Ukraine "in the coming weeks and months."
Kateryna Hodunova is a News Editor at the Kyiv Independent. She previously worked as a sports journalist in several Ukrainian outlets and was the deputy chief editor at Suspilne Sport. Kateryna covered the 2022 Olympics in Beijing and was included in the Special Mentions list at the AIPS Sport Media Awards. She holds a bachelor's degree in political journalism from Taras Shevchenko University and a master's degree in political science from the National University of Kyiv-Mohyla Academy.
Kateryna Denisova
