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Canada announces $2.2 Billion support package for Ukraine

Canada announces $2.2 Billion support package for Ukraine
By Yagiz Efe Parmaksiz
Feb 24, 2024 11:31 PM

Canada pledges to provide $3.02 billion package of financial and military assistance to Ukraine

Canada has committed to providing a comprehensive assistance package valued at 3.02 billion Canadian dollars to Ukraine in the midst of its protracted crisis, marking a huge display of international unity. In an address to commemorate the war’s second anniversary, Canadian Prime Minister Justin Trudeau made the declaration on Saturday and reaffirmed his country’s commitment to supporting Ukraine “with whatever it takes, for as long as it takes.”

Part of a larger security pact between the two countries, this financial and military support demonstrates Canada’s long-term support for Ukraine’s sovereignty, territorial integrity, and economic recovery. Although it is not a defense treaty, the ten-year agreement calls for increased collaboration in a number of areas, including political, military, security, economic, and humanitarian endeavors.

The agreement was made public during a time of increased international support for Ukraine, with Kyiv also securing a bilateral security deal with Italy. This deal, which comes after a string of similar ones with other important Western countries including Denmark, Germany, Britain, and France, highlights the West’s unwavering support for Ukraine as it confronts formidable obstacles in both maintaining its economy and on the battlefield.

The agreement with Kyiv intends to strengthen Ukraine’s defense capabilities without providing a direct assurance of military protection, according to information provided by Prime Minister Trudeau’s office. Rather, it concentrates on giving Ukraine the means to sustain its fight against aggression, help its people, and clear the path for upcoming economic reconstruction.

Because Ukraine relies on foreign military assistance, including ammunition, artillery, tanks, and more, to thwart Russian advances, the importance of these international accords is increased. These agreements show that Western allies are making a determined effort to support Ukraine in its fight for independence and territorial integrity as the conflict enters its third year.

Source: AFP

Last Updated:  Jun 3, 2024 3:56 PM