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Sweden announces additional €63 million package of military support for Ukraine

Monday, 28 October 2024, 22:10
Sweden announces additional €63 million package of military support for Ukraine
Stock photo: Getty Images

On Monday, 28 October, the Swedish government announced its decision to allocate €63 million in support to Ukraine as part of previous military aid packages.

Source: European Pravda, citing a statement from the Swedish government

Details: The new financial contribution will include €20 million to support Ukraine's industrial base as part of a Danish-led initiative to purchase weapons from Ukrainian manufacturers.

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The decision follows last week's authorisation by the government for the Swedish Defence Materiel Administration (FMV) to negotiate and finalise an agreement with Denmark regarding the donation of a matching amount of funds for the purchase of defence equipment.

The remaining funds from the package – about €43 million – will be used to finance a number of multilateral initiatives aimed at supporting Ukraine.

The funds are planned to support the coalition procuring air-to-air missiles for Ukraine's F-16 programme, the coalition training the Ukrainian marines, the coalition for mine clearance, and the IT coalition.

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The Swedish government said that as part of this support, Sweden will also contribute to NATO's Comprehensive Assistance Package for Ukraine, which provides for the purchase of military equipment.

Background: 

  • In May, reports indicated that Sweden planned to allocate SEK 75 million (about US$7 million) in military aid to Ukraine for 2024-2026.
  • Last month, the Swedish government presented a new military aid package to Kyiv worth more than €400 million, which, in particular, included possible training of Ukrainian pilots on Gripen fighter jets.

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