Canada wants to join the EU's €90 billion loan for Ukraine
Kyiv • UNN
Canada has expressed interest in the EU's €90 billion loan program for Ukraine. Technical consultations between the parties are already underway.
Canada seeks to join the European Union's €90 billion loan program in support of Ukraine. This was stated by European Commission spokesperson Balázs Ujvari, reports UNN, citing Euronews.
Details
It is noted that technical consultations between the EU and Canada are currently ongoing.
I can confirm that Canada has expressed interest in joining the €90 billion loan in support of Ukraine. We are working intensively with Canada, and the relevant technical negotiations are proceeding very actively
The authors point out that including Canada in the loan program would allow Ukraine to purchase weapons and ammunition from Canadian defense companies and bypass the "Made in Europe" requirements governing the credit line.
"The more countries participate, the better. This could ensure that Ukraine receives the best and most appropriate equipment for its defense needs," the European Commission spokesperson said.
To remind you
European Commission President Ursula von der Leyen proposed granting Canada the status of the European Union's first associate member.