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Macron: Frances creates 100-million euro fund for Ukraine to purchase weapons

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French President Emmanuel Macron said the fund, worth an initial $98 million, will allow Ukraine to directly buy weapons and other necessary materials to counter Russia’s war, reports France24. Macron added that the fund will allow Ukraine to “work with France’s defense industry base” and “demonstrates our will to act as Europeans and to align ourselves with this collective effort” to help Ukraine.

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The Ukrainian Institute of America (UIA) will convene technology innovators, defense experts, investors, policymakers, and scholars for a conference examining Ukraine’s emergence as a global driver of technological innovation under wartime conditions.

The committee was created by order of Lidia Izovitova, head of the association. Izovitova has faced criticism for allegedly being a protégé of pro-Kremlin politician Viktor Medvedchuk. Izovitova's tenure as head of the association ended in 2022, and she has been accused of holding her position illegally.

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