Ukraine Secures Additional EUR 10 Million from Lithuania for Long-Range Weapons Production

Date: January 2, 2024

Ukrainian Defense Minister Rustem Umerov has announced that Lithuania will provide an additional EUR 10 million to support the production of advanced long-range weaponry for Ukraine. This announcement was made through a post on Umerov's Facebook page and reported by Ukrinform.

Funding Details

The EUR 10 million allocation marks the first tranche of funding established under a Memorandum of Understanding signed in December 2024. Umerov emphasized that this financial support is crucial for enhancing Ukraine's military capabilities, stating, "These weapons are already proving effective on the battlefield — enhancing our range, precision, and power."

Umerov also highlighted that this latest funding will facilitate further expansion of weapon production and the development of Ukraine's long-range military capabilities, stating, "Together with our Lithuanian partners, we are now working on the next phase — an additional 10 million euros in assistance."

Strategic Importance

Umerov identified this funding as a strategic investment in not only Ukraine's defense but also in the security of Europe as a whole. He expressed sincere gratitude to the government and people of Lithuania for their unwavering support and strategic vision, acknowledging their contribution to Ukraine's ongoing efforts in securing victory.

Previous Investments

This commitment from Lithuania follows an earlier investment of EUR 20 million made in March to bolster Ukraine's defense industry. Lithuania's objective includes establishing joint arms production initiatives with Ukraine, aimed at strengthening both countries' military capabilities.

Conclusion

The additional funding from Lithuania represents a significant step in enhancing Ukraine's defense infrastructure as it continues to navigate ongoing military challenges. This initiative underscores the growing partnership between Ukraine and Lithuania in defense and security, contributing to stability in the region.

For further updates on this topic and more, stay tuned to our news channels.