Defense support for Ukraine under the "Danish model" will scale up to EUR 1.3 billion in 2025.
Defense Minister Rustem Umerov announced this on his Facebook page, the Ukrainian News agency reports.
"Defense support for Ukraine under the "Danish model" will scale up to EUR 1.3 billion in 2025. Part of these funds will come from revenues from frozen Russian assets. This is an investment in our victory - in weapons produced in Ukraine, in the security of all of Europe," he said.
Umerov noted that the first tranche is EUR 428 million from Denmark, Sweden, Canada, Norway and Iceland, the money will soon be used to produce Ukrainian weapons: artillery, strike drones, missiles and anti-tank weapons created in Ukraine for Ukrainian soldiers.
He also reported that new strategic decisions are being prepared - both for investments by Ukrainian companies in the "Ramstein" countries and for the deployment of production by European defense companies in Ukraine.
As the Ukrainian News agency earlier reported, in January the Ministry of Defense announced that thanks to the "Danish model" the Armed Forces of Ukraine received weapons worth almost EUR 538 million in 2024.
In 2024, Ukraine launched a new mechanism with Denmark for financing the procurement of weapons for the Armed Forces of Ukraine, which was called the "Danish model", it provides for financing Ukrainian defense enterprises by the Danish government.
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