Denmark unlocks $194 million to arm Ukraine
COPENHAGEN — Denmark on Sunday said it was unlocking 1.3 billion kroner ($194 million) to help Ukraine bolster its under-pressure arsenal against Russia’s invasion.
The weapons and equipment will be produced in Ukraine but financed by Denmark and frozen Russian assets, the Danish defence ministry said in a statement.
The Scandinavian country, a steadfast backer of Ukraine since the war broke out in 2022, also announced the creation of a joint defence hub in Kyiv designed to help develop of new partnerships.
READ: Denmark to donate 19 French-made howitzers to Ukraine: govt
“Wars are not only won on the battlefield, but also in industry,” Trade and Industry Minister Morten Bodskov said in a statement.
Article continues after this advertisementIn February, Denmark sealed a 10-year security agreement with Ukraine, following similar deals by Germany, Britain and France.