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HomeWorldSweden pledges another $1.4 billion in military aid to Ukraine

Sweden pledges another $1.4 billion in military aid to Ukraine

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STOCKHOLM, Feb 19 (Reuters) – Sweden announced on Thursday a 12.9 billion crown ($1.42 billion) military aid package for Ukraine that will include air defence, drones, long-range missiles and ammunition.

The largest item in the package is the procurement of newly manufactured short‑range air defence equipment worth 4.3 billion crowns, the government said in a statement.

Including the package, which is part of a 40 billion crown framework for 2026, Sweden’s military support to Ukraine since Russia’s invasion in 2022 amounts to 103 billion crowns, Defence Minister Pal Jonson told a press conference.

 “The focus is clear: newly manufactured air defence systems, long-range capabilities and ammunition to meet Ukraine’s most urgent operational needs,” he said on X. 

Two days of peace talks in Geneva between Ukraine and Russia ended on Wednesday without a breakthrough. President Volodymyr Zelenskiy said he was dissatisfied with the outcome, while Washington reported “meaningful progress”.

Separately on Thursday, Stockholm said it plans to issue guarantees to the World Bank for a 2.5 billion crown loan to Ukraine.

($1 = 9.0640 Swedish crowns)

(Reporting by Anna Ringstrom, editing by Essi Lehto)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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