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France’s new mechanism to compensate Ukraine’s war damages

The presidency of Ukraine announced that France is looking to create a mechanism to compensate Ukraine for damages caused by Russian military operations.

reported by %0AIn a statement published by the presidency of Ukraine, it is stated that “participants will continue to cooperate with the G7 countries to create a mechanism to compensate for the losses. The participants will also work together to give Ukraine the ability to detect, deter and stop any cyber aggression.

The agreement also stipulates that France will protect Ukraine’s critical infrastructure, including with military means, mainly by strengthening air defense systems.

As ​​stated in the statement of the President of Ukraine, “France and Ukraine emphasized the need to expand cooperation between the military institutions of the two countries and launch joint military projects, including the maintenance and repair of weapons and military equipment.” ».

Hours ago, the Elysee Palace announced by publishing a statement that French President Emmanuel Macron and Ukrainian President Volodymyr Zelensky signed a long-term bilateral security agreement on Friday.

The Elysee Palace statement said that according to this agreement, France will provide three billion euros ($3.24 billion) to Ukraine in 2024, and Paris has also pledged to Export more weapons, including air defense systems, to Kiev and train Ukrainian soldiers.

Emmanuel Macron stated that the period of this security agreement is 10 years and said: This bilateral agreement is based on the commitments that we made last July with the countries of the Group of Seven (G7) at the NATO Summit in Vilnius. the capital of Lithuania) is emphasized.”

Zelensky had previously signed similar agreements with the heads of England and Germany.

 

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