Key Points
It will also make NATO more directly involved with taking overoperational responsibilitiesof coordinating military assistance provided by member states, which, until now, was spearheaded by the US-ledUkraineDefense Contact Group in Ramstein, a coalition with more than 50 countries responsible for providing 99 per cent of all military aid toKyiv...
One is the finalisation ofindividual security agreements with Ukraine.After the UnitedKingdom,France, and Germany, Finland has become the eighth NATO country to haveconcludedalmost identical and long-term (at least 10 years) security treaties with Ukraine, pledging financial support, military aid, and defence industry cooperation..
Four, the release of theEUs firstdefence industry strategy(EDIS)in March 2024.Thisstrategy statesa clear, long-term vision to achieve defence industrial readiness in the EU by coordinating member states investments, boosting research, and buildingbetter resilience in defence supply chains..
Until now, the process by which the bloc was securing military aid for Ukraine was quite historic itself, but it was an off-budget instrument called theEuropean Peace Facility(EPF),which bypassed Article 41 (2)..
In February 2024, the EU Council andParliamentagreed on a new support mechanism called theUkraine Facility(UF), committing $50 billion under the new single dedicated instrument to support Ukraines reconstruction and modernisation while also supporting its accession path to the EU..
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