- EU pledges nearly 108 billion euros in assistance to Ukraine.
- Agreement includes using frozen Russian assets to support Ukraine.
- Ukraine commits to reforms for EU integration and aid transparency.
The European Union and Ukraine solidified their security partnership with a new agreement signed at a European Council summit in Brussels on June 27, 2024.
A significant aspect of the agreement is the EU’s decision to use revenue from frozen Russian assets to further support Ukraine. Additionally, the pact emphasizes the importance of Ukraine
EU and Ukraine Strengthen Ties with New Security Pact
In a significant move to bolster their strategic alliance, the European Union and Ukraine signed a security agreement at the European Council summit in Brussels on June 27, 2024. This agreement was formalized in the presence of Ukrainian President Volodymyr Zelensky, European Council President Charles Michel, and European Commission President Ursula von der Leyen.
The security pact marks a major commitment from the EU, which has already provided nearly 108 billion euros in various forms of assistance to Ukraine. This support underscores the EU’s dedication to helping Ukraine navigate through its ongoing challenges and underscores a united front against external threats.
A crucial element of the agreement is the innovative use of frozen Russian assets to support Ukraine’s needs. This not only provides a significant financial boost but also sends a strong message regarding the EU’s stance on Russian aggression and the consequences thereof. The funds will be used to aid Ukraine in various domains, including military support and infrastructure rebuilding.
Moreover, the agreement calls for Ukraine to continue its path of reforms aimed at greater transparency and accountability. This is essential for Ukraine’s progress towards EU integration and ensures that the substantial aid provided is used effectively and responsibly. The commitment to reforms also aligns with broader EU values of governance and the rule of law.
The EU-Ukraine security agreement represents a deepening of ties and a robust framework for ongoing support, reflecting a mutual commitment to stability, reform, and shared values.
“The EU is determined to continue providing Ukraine and its people with all the necessary political, financial, economic, humanitarian, military and diplomatic support for as long as it takes and as intensely as needed.”
