President of Ukraine Volodymyr Zelenskyy thanked the European community and the EU leadership for establishing the Ukraine Assistance Fund. He assured that the allocated 5 billion euros of aid will be used to support Ukrainian defense. Zelensky said this in his evening video address, UNN reports.
Today, I would like to thank the leadership of the European Union and all member states for establishing a new Fund to assist Ukraine within the European Peace Fund. The amount is 5 billion euros, which will be used to support our defense efforts this year.
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The Ukrainian President also added that he expects the Ukraine Assistance Fund to become part of a general security agreement between Ukraine and the EU.
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On March 18, the EU Council at the level of the bloc's foreign ministers, attended by Ukrainian Foreign Minister Dmytro Kuleba, made the final decision to allocate an additional 5 billion euros for military support to Ukraine under the European Peace Fund.