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    HomeWorldNetherlands to allocate €500 million to drone growth for Ukraine

    Netherlands to allocate €500 million to drone growth for Ukraine

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    The Netherlands has introduced it would allocate €500 million for a drone manufacturing venture to assist Ukraine in its ongoing struggle towards Russian aggression.

    Supply: Dutch Ministry of Defence, as reported by European Pravda

    Particulars: The €500 million is a part of an accelerated funding package deal value €2 billion, which the Netherlands plans to allocate in 2025, the Dutch Defence Ministry acknowledged.

    The announcement was made by Defence Minister Ruben Brekelmans and State Secretary for Defence Geis Tuinman throughout their go to to Ukraine.

    "It was vital to announce that we’re offering Ukraine with accelerated assist totalling €2 billion, together with a €500 million drone growth venture. These drones will play an important function on the battlefield and can actually save lives," the ministry quoted Brekelmans as saying.

    The minister famous that this assist would strengthen Ukraine’s place each on the entrance line and on the negotiating desk.

    Following his assembly with Brekelmans in Kyiv, Ukraine’s Defence Minister Rustem Umierov stated that the Netherlands is moreover allocating €3.5 billion to Ukraine, a good portion of which is able to go towards safety help in 2025.

    Umierov additionally acknowledged that the Netherlands helps the Drone Line initiative and is investing in Ukrainian drone manufacturing, though he didn’t disclose the quantity of funding.

    Background: In March, Dutch Prime Minister Dick Schoof introduced a €700 million funding package deal for drone manufacturing, aimed partly at supporting Ukraine’s defence trade.

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