Denmark allocates nearly 600 million for weapons for Ukraine

The government has decided to initially support this initiative by allocating 580 million Danish kroner, according to the Danish Ministry of Defense.

Defense Minister Troels Lund Poulsen believes that the new NATO-led initiative to supply American weapons to Ukraine will be an important element in Ukraine's defense against a full-scale Russian invasion.

“Denmark has supported Ukraine since the beginning of the war, and we will continue to do so. Together with the Swedish and Norwegian governments, the Danish government fully supports the American initiative. It is extremely important for Ukraine's ability to defend itself that we continue to ensure transatlantic cooperation in support of Ukraine,” he said.

As a first step, Denmark has decided, together with Norway and Sweden, to contribute approximately 580 million Danish kroner to finance the first arms packages under the new initiative. The total cost of the package is approximately $500 million.

“Speed is crucial. That is why we will provide our contribution immediately. If the Ukrainians later find that they need additional funding, we are also prepared to consider this issue,” the defense minister said.

Foreign Minister Lars Løkke Rasmussen noted that thanks to Denmark's financing of the weapons package together with Norway and Sweden, we are providing Ukraine with much-needed weapons systems and once again emphasizing that the Scandinavian countries are close and reliable allies in NATO.

“At the same time, we are helping to preserve and strengthen transatlantic cooperation, which is central to our common defense,” he added.

Denmark's initial contribution of approximately DKK 580 million to the first arms packages under the new initiative called the Prioritized Ukraine Requirements List (PURL) will be made through the Fund for Ukraine.

Contributions from Denmark, Norway, and Sweden will finance a US arms package worth approximately $500 million. The initial Danish contribution is expected to be used for US air defense and artillery. Details of the purchase of the requested US equipment will be finalized in close coordination with NATO, the US, and other allies.

Photo: finance.ua.