Latvia Approves Financial Package to Support Ukraine

The Latvian government has approved a new comprehensive assistance package for Ukraine.

The official Telegram channel of the Ukrainian Parliament reported this.

The new financial package is aimed at two sectors: with funds to be used both to rebuild Ukraine and to support the Armed Forces of Ukraine.

First of all, it regards a total €10 million financial package.

These funds will be allocated for the reconstruction of Ukraine (approximately €5.3 million) and support for the Armed Forces of Ukraine (€4.3 million).

The funds will go to the European Peace Fund, from where they will be transferred as needed, as well as increased by other countries.

It should be noted that, in addition to international support, the country is also conducting its own campaign to support Ukraine.

Militarnyi reported that the UK, together with Latvia, will lead a “drone coalition” under which Ukraine will receive drones worth $250 million.

In January 2024, the country handed over a new military aid package for the needs of the Ukrainian Defense Forces.

The aid package included howitzers, ammunition, helicopters, drones, communication devices, equipment, and anti-tank weapons.

In addition, Latvia is one of the countries that trains the Ukrainian military.

Latvia trains Ukrainians in the following areas: basic general military training, officer-sergeant leadership training, sapper training, rifleman training, and others. In 2023, the volume of training with the participation of Latvia more than quadrupled.