Latvia plans long-term support for Ukraine at 0.25% of GDP

Latvia plans to sign an agreement with Ukraine on long-term support and security commitments, committing to provide Ukraine with military support of 0.25% of the country's gross domestic product (GDP) this year and for the next two years, according to the draft information report prepared by the Ministry of Foreign Affairs (MFA) on April 3.

The information report indicates that 0.25% of GDP will reach around 112 million euros in 2024. Funding for this purpose will come from the Ministry of Defense budget.

MFA notes that the agreement between Latvia and Ukraine on long-term support and security commitments is planned to be signed on April 11 during the summit of the Three Seas Initiative in Vilnius. It will be signed by the President of Latvia Edgars Rinkēvičs. The agreement will be a political, non-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”.

According to MFA, Ukraine intends to sign this type of bilateral agreement with all the G7 partner countries, as well as with the European Union,. Such agreements have already been signed with Britain, Denmark, France, Italy, Canada, the Netherlands and Germany. Lithuania and Estonia will also sign such agreements soon.

The agreement stipulates that any budget commitments on the part of Latvia will be secured only with the clear approval of the Latvian government and, if necessary, the Saeima.

The information report indicates that the key elements of the military support of the agreement are Latvia's continued participation in the Ramstein Ukraine Defense Contact Group to provide coordinated military support to Ukraine with allies, the leadership of Latvia in the drone coalition, and the provision of military equipment and armaments.

The areas of non-military support concern development cooperation, cooperation in the reconstruction of Chernihiv district and digital, energy, and cyber security, as well as the prevention of hybrid threats. The agreement also provides Ukrainian support for Latvia's candidacy in the UN Security Council elections in 2025.

Seen a mistake?

Select text and press Ctrl+Enter to send a suggested correction to the editor

Select text and press Report a mistake to send a suggested correction to the editor

Related articles


Most important