The Norwegian government intends to allocate approximately $314 million to acquire military equipment from Ukrainian defense companies for use by the Ukrainian capital of Kyiv.
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The Norwegian government intends to allocate approximately $314 million to buy military equipment from Ukraine’s defense industry for Ukraine. The Norwegian government is also setting aside approximately $53.9 million to acquire various types of drones and develop unmanned technologies for the Ukrainian military.
The country has allocated an additional 53.9 million US dollars to a multinational drone procurement program for Ukraine, bringing the total amount allocated for this program to around 116.8 million US dollars.
“It is essential for Norway and other countries to continue and boost their support to Ukraine in order to preserve Ukrainian resilience,” said Norwegian Prime Minister Jonas Gahr Støre.
He emphasized that Ukraine’s military and civilian requirements are of massive proportions.
“Norway will be supporting Ukraine’s defense industry by purchasing military equipment directly from the country, thereby helping to boost Ukraine’s production capacity, which is a critical element of our military assistance,” he explained.
The Prime Minister of Norway announced that Oslo will partner with Norwegian businesses to form a Norwegian-Ukrainian alliance focused on sharing technology and expertise.
The Norwegian government has set aside approximately $44.9 million to support cooperation between Norway and Ukraine in purchasing military equipment from Ukraine’s defense industry. Norway has also created a special program in its 2025 budget to help reduce the risks for Norwegian companies that want to invest in or export to Ukraine.
Background:
The country has committed to allocating one billion euros in humanitarian and civilian aid to Ukraine for the year 2025.
Costing approximately $113 million, the aid is worth 1.2 billion Swedish Kronor.
A new assistance package, which includes over 20 armored vehicles and several F-16 fighter jet training aircraft.
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