Latvia plans to enter into an agreement with Ukraine on long-term support and security commitments, pledging to provide military support to Ukraine in the amount of 0.25% of the country’s gross domestic product (GDP) this year and in the next two years, according to a draft information report prepared by the Ministry Foreign Affairs (Ministry of Foreign Affairs).
The informative report states that in 2024, 0.25% of GDP will reach approximately 112 million euros. Funding for these purposes will be found from the budget of the Ministry of Defense.
The Foreign Ministry says that an agreement between Latvia and Ukraine on long-term support and security commitments is planned to be signed on April 11 during the Three Seas Initiative summit in Vilnius. It will be signed by Latvian President Edgars Rinkevich. The agreement will be a political, non-legally binding document.
Latvia intends to sign such an agreement in order to send “a clear and firm signal of support to Ukraine in its fight against the aggressor.” It provides for all types of long-term assistance to protect Ukraine from aggression, as well as Latvia’s support for Ukraine on the path to membership in the European Union and NATO.
Similar agreements have already been concluded with the UK, Denmark, France, Italy, Canada, the Netherlands and Germany. Lithuania and Estonia will also sign similar agreements in the near future.
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2024-04-05 19:40:37