17:21 16.02.2024

Ukraine-Germany security agreement: In 2024, Germany to provide military aid to Ukraine totalling over EUR 7 bln

3 min read
Ukraine-Germany security agreement: In 2024, Germany to provide military aid to Ukraine totalling over EUR 7 bln

The agreement on cooperation in the field of security and long-term support between Ukraine and the Federal Republic of Germany, signed on Friday in Berlin by Ukrainian President Vladimir Zelensky and German Chancellor Olaf Scholz, is designed for 10 years and provides, in particular, support for Ukraine at a level of more than EUR7 billion for 2024, reports the press service of the head of the Ukrainian state.

"The document was concluded in the framework of the Joint Declaration adopted by Ukraine and the members of the G7 in Vilnius on July 12, 2023," according to the official website of the President of Ukraine.

"With this unprecedented agreement, Germany reaffirms its unwavering support for Ukraine's independence, sovereignty and territorial integrity within its internationally recognized borders of 1991. Germany intends to provide support to Ukraine for as long as it takes to help our country defend itself and restore its territorial integrity," it is noted in the statement.

The bilateral agreement is valid for ten years from the date of its signature and clearly sets out the specific components of the security commitments that Germany has made to Ukraine. In particular, the document defines the priority areas of bilateral security cooperation – military, political, financial, and humanitarian.

"So," the press service says, "the agreement states that in 2024, Germany will provide more than EUR 7 billion in military aid to Ukraine, significantly strengthening the Ukrainian army. Germany will continue to provide support to Ukraine throughout the validity of the document."

As noted, "the parties also acknowledge the importance of imposing sanctions to restrict the Russian Federation's access to finance, goods, technologies and services used in its aggressive war. According to the document, Germany will work on maintaining sanctions pressure on Russia and combating sanctions evasion as long as Russia's war against Ukraine continues and until the territorial integrity of our country is restored."

In addition, according to the presidential press service, Germany will continue to work in the Coalition to create a tribunal for the crime of aggression against Ukraine to ensure effective accountability.

"Germany reaffirmed its readiness, along with its partners in the EU and the G7, to pursue legal means to channel the revenues from Russian assets to support Ukraine," the statement said.

The agreement also provides for "emergency consultations in the event of a possible future armed attack by Russia on Ukraine, which is to be initiated at the request of any of the participants within 24 hours to determine the appropriate next steps."

"In addition, the document reaffirms Germany's commitment to supporting Ukraine's efforts on the path of reforms necessary to realize its aspirations for EU and NATO membership. Germany will also contribute to the current and future support of Ukraine by the European Union," the press service said.

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