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G7 confirms agreement on $50 billion loan for Ukraine backed by Russian assets revenue
The loan should be repaid using interest from some $300 billion in frozen Russian assets.
The loan should be repaid using interest from some $300 billion in frozen Russian assets.
Canada will soon send the first tranche of 2,300 decommissioned CRV7 rocket motors, which were previously used by the Canadian Air Force on CF-18 fighters.
The statement came shortly after the New York Times reported that the U.S. is planning to deliver another Patriot system to Ukraine. The outlet claimed that this should concern a system placed in Poland, which Warsaw denied.
President Volodymyr Zelensky arrived at the Group of Seven (G7) summit in Italy on June 13 and has been welcomed by Italian Prime Minister Giorgia Meloni.
The U.S.-led UDCG comprises over 50 countries, including all 31 NATO members, and meets regularly to coordinate military aid for Ukraine in its fight against Russian aggression.
"I expect allies will agree on a leading role for NATO in coordinating and providing security assistance and training for Ukraine. I also expect allies will agree on a long-term financial pledge to provide military support," Stoltenberg said.
The ministry said that 125 million euros ($134 million) of that sum would be devoted to the re-procurement of Patriot missiles for Ukraine under a German-led initiative.
The Netherlands will deliver its first F-16 fighter jets to Ukraine already this summer, shortly after Denmark, outgoing Dutch Defense Minister Kajsa Ollongren said in an interview with European Pravda published on June 12.
The time has come for Kyiv's partners to provide all the weapons necessary to push Russia out of Ukraine, President Volodymyr Zelensky said during the Ukraine Recovery Conference in Berlin on June 11.
The funds will be allocated to Ukraine's "infrastructure, railways, healthcare, agriculture and mine clearance," and 45 million euros ($48 million) of that will be used for the reconstruction of Odesa, the minister said.
Diplomats of the Bucharest Nine (B9), a group of Eastern European NATO Allies, discussed a possibility of excluding Hungary from future meetings of the club, the Financial Times (FT) reported on June 11, citing people familiar with the talks.
A series of government firings, resignations and reshuffles have strained relations between Kyiv and Western allies and raised concerns about how Ukraine can deal with fixing the country's energy infrastructure as it comes under repeated attacks by Russia, the Financial Times (FT) reported on June 10, citing unnamed Ukrainian and Western officials.
"This is a new stage of cooperation that will allow us to receive modern arms directly from producers, which will certainly contribute to faster and more efficient modernization of Ukraine's Armed Forces," Deputy Defense Minister Dmytro Klimenkov said during the Balkan-Ukrainian Defense Industries Forum in Bulgaria on June 7.
NATO Secretary General Jens Stoltenberg is scrapping plans to set up a $100 billion fund to aid Ukraine after facing rejection from alliance members, Bloomberg reported on June 7 citing people familiar with the matter.
More than 110 models of Ukrainian and foreign-made military vehicles have been approved for use in the Armed Forces of Ukraine since March 2022, Ukraine's Defense Ministry said on June 8.
Key developments on June 7: * Biden announces $225 million aid package for Ukraine * Macron: France to finalize coalition to send military instructors to Ukraine * Producer of Caesar howitzers to set up branch in Ukraine * Netherlands to invest $436 million to make armored vehicles for Ukraine * Russia hit 2 oil depots
Germany has not yet made a final decision on the delivery of the fourth battery, according to Bloomberg's sources.
The U.S. is preparing to announce a military aid package for Ukraine worth $225 million, the Associated Press reported on June 6, citing unnamed American officials.
"Secondly, we think that if somebody considers supplying such weapons to a combat zone to strike our territory... then why don't we have the right to supply comparable weapons to regions where they could be used to strike sensitive targets of countries that do this to Russia?" Vladimir Putin said.
The IT Coalition for Ukraine, comprising 12 European nations, has raised a combined 58 million euros ($62.9 million) for Ukraine's IT and cybersecurity defense capabilities, Ukraine's Defense Ministry announced on May 31.
Ukraine's President Volodoymyr Zelensky and Iceland's Prime Minister Bjarni Benediktsson signed a long-term bilateral agreement between the two countries in Stockholm on May 31.
Ukraine can use German-supplied weapons to strike legitimate military targets inside Russia, Deutsche Welle reported on May 31, citing a German government spokesperson.
"Our top priorities are to ensure more air defense systems for Ukraine, joint defense industry projects, and weapons for our warriors, as well as global efforts to force Russia to make peace," President Volodymyr Zelensky said on X.
German Defense Minister Boris Pistorius said bilateral agreements exist "not to be discussed publicly, to draw some 'red lines' as to what is tolerated and what is not."
NATO Secretary General Jens Stoltenberg will ask NATO allies to provide a minimum of 40 billion euros ($43.3 billion) in annual military funding for Ukraine, a source within NATO told Reuters on May 30.
Key developments on May 30: * Ukraine hit 4 Russian patrol boats in occupied Crimea overnight, military intelligence says * Ukraine hits Russian ferry crossing with ATACMS in Crimea, General Staff says * Politico: Biden quietly allows Ukraine to strike Russia with US arms but 'solely near Kharkiv' * Ukraine can use Danish-supplied F-16s
The new package will reportedly include ammunition for Iris-T air defense systems and shorter-range SLS missiles, as well as reconnaissance drones, 1 million rounds of small arms ammunition, Leopard 1 battle tanks, and Marder armored vehicles.
Vilnius will provide Kyiv with mobile air surveillance radars, Lithuanian President Gitanas Nauseda announced.
French President Emmanuel Macron will meet with his U.S. counterpart Joe Biden on June 8 during Biden's first state visit to France, the White House announced on May 30.
To provide Ukraine with 1.5 million of shells this year, 1.7 billion euros ($1.8 billion) will be needed, said Tomas Kopecny, the Czech envoy for Ukraine's reconstruction.
The new factory in Mesquite will produce 30,000 each month once it reaches its full capacity, according to the New York Times.
Editor’s Note: This interview has been edited for clarity. When Russia launched its full-scale invasion of Ukraine in February 2022, it dramatically changed the continent. The largest conventional war in Europe since World War II demanded Western leaders move away from their peacetime thinking and step in decisively to