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Denmark pledges $ 350 million military aid package for Ukraine

The Danish government is also set to increase its Industry Fund by 500 million kroner (about $71 million) to procure new weapons and equipment for Ukraine.

byMaria Tril

19/10/2024

2 minute read

Danish Defence Minister Troels Lund Poulsen. Credit: AP nuotr.

Denmark pledges $ 350 million military aid package for Ukraine

The Danish government unveiled a new 2.4 billion kroner ($350 million) military aid package for Ukraine on 17 October.

According to the Danish Ministry of Defense, this is Ukraine’s 21st aid package, which focuses on military support and long-term defense capacity building.

The package includes an increase of 500 million Danish kroner (approximately $71 million) to the Industry Fund in 2025, which will be used to procure new weapons and military equipment.

According to the ministry, the aid package also includes funding for air defense systems in collaboration with Germany, additional contributions to the British-led International Fund for Ukraine, and donations from Denmark’s defense stockpiles.

The British-led International Fund for Ukraine (IFU) coordinates international military support for Ukraine. The IFU was established by the UK in 2022 to allow donor countries to pool their resources and streamline the procurement of military equipment for Ukraine.

“Ukrainians continue to fight tirelessly against Putin’s brutal attacks on the country. Denmark must continue to show its support for Ukraine,” Defense Minister Troels Lund Poulsen said.

“Ukraine’s fight is the fight of all free Europe. I am also pleased that, together with close European allies, we are again delivering on Ukraine’s acute needs,” Foreign Minister Lars Løkke Rasmussen said.

The package reportedly includes agreements with international partners to donate high-priority equipment to support Ukraine’s efforts to build new brigades. However, the ministry reports that specific details of the full package contents are being withheld for operational and security reasons.

Denmark and Ukraine signed a memorandum of understanding in late September to proceed with arms acquisitions totaling 4.2 billion Danish kroner (about $629 million) through the Ukrainian defense industry.

According to a statement by Lars Aagaard, Denmark’s Minister for Climate, Energy and Utilities, Denmark announced it would provide 130 million Danish kroner (over $19.4 million) to assist Ukraine in rebuilding its energy infrastructure damaged by Russian attacks.

Ukrainian energy infrastructure continues to suffer from Russia’s deliberate daily air attacks on energy infrastructure.

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