Ukraine may use EU loan funds to buy interceptor missiles from third countries – European Commission
Ukraine may use part of the European Union's EUR 90 billion loan facility to purchase interceptor missiles and other defense equipment from third countries if such products are unavailable within the EU.
Spokesperson Balazs Ujvari of the European Commission stated on Thursday in Brussels that Ukraine may utilize loan funds from the EU to acquire interceptor missiles from countries outside the European Union, according to an Ukrinform correspondent. The Ukrainian government decides on its defense requirements and submits funding requests to the European Commission, which oversees the entire process.
Ukraine assesses its battlefield conditions, determines its needs, and submits a product schedule outlining its requirements. The European Commission reviews these product schedules and contracts swiftly, disbursing funds accordingly. Ujvari emphasized that no issues have arisen thus far in allocating these funds.
He clarified that while Ukraine primarily seeks to acquire weaponry manufactured within the EU, there is a possibility of seeking derogation and procuring equipment from other nations if necessary. Ujvari couldn't disclose specifics of the ongoing discussions on defense procurement financing but assured that decisions will be announced once the EU's internal procedures are finalized.
Written by urgent.news from Ukrinform - Politics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
