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Belgium to provide 611 million euros in military aid to Ukraine in 2024 | Defense News January 2024 Global Security Military Industry | Defense Security Global News Industry Army Year 2024

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Belgian Defense Minister Ludivine Dedonder officially announced on Monday, January 23, 2024, that Belgium is committed to providing significant military assistance to Ukraine this year, totaling 611 million euros. The announcement was made during an important interview between Minister Dedonder and Ukrainian Minister Rustem Umerov.
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Ukrainian soldiers in the center are armed with Belgian-supplied FN Minimi light machine guns (Image source: mil.in.ua)


This significant support package is driven by a freeze on Russian assets in Belgium, most notably within the Belgian-based international payments administrator Euroclear. The total value of these frozen assets is a staggering €180 billion, and Euroclear reports that record profits have been made from managing these assets, which have since been reinvested.

This financial commitment from Belgium is particularly important given its origin. According to the Belgian minister’s office, the support package primarily consists of interest accrued on Russian assets frozen in Belgium following Russia’s invasion of Ukraine and as part of the European Union’s collective response to the crisis. .

Belgium’s commitment to provide military assistance to Ukraine not only underlines its dedication to international security, but also the important role that financial assets can play in fostering international cooperation in times of crisis.

“We also continue to provide humanitarian assistance to the people of Ukraine,” Prime Minister Alexander de Croo announced alongside the defense minister, adding that “our country has been committed to supporting Ukraine from the beginning.” Our country was one of the first to provide military support in the form of weapons to Ukraine at a time when many other countries still had doubts. Since the start of the war, Japan has provided military assistance totaling 146 million euros. This ranges from fuel, ammunition and mobile laboratories to anti-aircraft guns. Today, the Council of Ministers decided to add $90 million in new military aid, making it Belgium’s largest military aid program to date. ”

Prime Minister De Croo added: “But today’s wars are not only fought on the battlefield. Russia’s so-called ‘special military operations’ are not just wars. Despite all the provisions of international law of war, the Russians also It’s a direct attack.” “To the people of Ukraine. These are clear violations of the rules of war, and Russia will one day be held accountable. In the meantime, we will continue to support Ukraine and civilians through humanitarian aid, including ambulances, medical kits, and tents. We must continue to provide support to the people of Ukraine, including people “and generators”.


Defense News January 2024



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