Umerov met with EU High Representative for Foreign Affairs and Security Policy Josep Borrell. This was reported by the Ministry of Defense of Ukraine, UNN reports.
Details
Today, Ukraine's Defense Minister Rustem Umerov met with EU High Representative for Foreign Affairs and Security Policy Josep Borrell in Washington, DC. The main topic of discussion was further support for Ukraine in its struggle for independence and strengthening of its defense capabilities.
Rustem Umerov thanked the EU for the important decision to use the proceeds of the frozen assets of the russian federation. As a reminder, on May 21, 2024, the EU Council decided to allocate 90% of the proceeds from the frozen assets of the russian federation to the Ukraine Assistance Fund, which is part of the European Peace Facility.
According to the information, the total amount of interest is 2.5-3 billion euros annually, and the first tranche of 1.4-1.5 billion euros will be available in early August 2024.
In addition, Umerov said that the EU and Ukraine had agreed to allocate this tranche to three main areas:
- Ammunition
- Air defense means
- Support for Ukrainian producers
It is important to note that the EU-funded goods are to be delivered to Ukraine by the end of 2024. Rustem Umerov emphasized the importance of these decisions for strengthening Ukraine's defense capabilities and supporting Ukrainian producers.
I thank the EU for its support and solidarity with Ukraine at this critical time. Together to victory