Robertas Kaunas urges immediate final decision on β¬90 billion EU loan to Ukraine
Lithuanian Defense Minister Robertas Kaunas calls for a swift decision on a β¬90 billion EU loan for Ukraine to acquire weapons amid current challenges in the country.
In light of the current situation in Ukraine, Lithuanian Defense Minister Robertas Kaunas has emphasized the critical importance of speed in providing support to Ukraine. He made these remarks while meeting with Ukraine's newly appointed Defense Minister Mychaila Fedorov. Kaunas urged the swift approval of a β¬90 billion EU loan intended for the purchase of military equipment, highlighting the need for a streamlined implementation process that minimizes administrative burdens.Β
The European Parliament recently approved the β¬90 billion loan, with two-thirds designed for urgent military needs over the next two years and the remainder allocated for general budget support. Kaunas stressed that cooperation between Lithuania and Ukraine in defense and innovation sectors is a strategic priority, calling for both nations to undertake specific measures to promote technological collaboration within the defense industry. This indicates a commitment from Lithuania to bolster Ukraine's defense capabilities amidst ongoing challenges.
With the backing of the EU and support from countries like Lithuania, Ukraine is expected to enhance its military capabilities, which could have significant implications for regional security dynamics. The urgency expressed by Kaunas reflects not only a commitment to Ukraine's sovereignty but also Lithuania's strategic interests in ensuring stability in Eastern Europe, particularly in the context of ongoing tensions with Russia.