Sweden approves Ukraine military aid plan for $7 billion

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Sweden agreed on a plan for long-term military aid to Ukraine for EUR 6.5 billion ($7 billion), Swedish Prime Minister Ulf Kristersson said on X on May 22.

The aid is planned for three years — from 2024 to 2026.

The funds will be spent on long-term donations of additional military equipment and the purchase of new equipment for direct deliveries to Ukraine, Kristersson said.

Since Russia's full-scale invasion, Sweden has provided Ukraine with 15 military aid packages, he said.

Read also: Arming Ukraine could take up to two years – Sweden’s Defense Minister

The Swedish Foreign Affairs Ministry also announced the allocation of SEK 105 million ($9.8 million) for the support and protection of children in Ukraine and Moldova. In addition, Sweden decided to allocate SEK 30 million ($2.8 million) for the work of the international organization Save the Children in Ukraine, Kristersson said.

Ukraine and Sweden began negotiations on the conclusion of a bilateral agreement on cooperation in the field of security on May 21.

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Read the original article on The New Voice of Ukraine