The agreement was reached between Finland and the European Commission and involves the procurement of ammunition from Finnish suppliers. The funding, valued at EUR 90 million, will be channelled through the European Peace Facility (EPF).
Minister of Defence Antti Häkkänen expressed satisfaction with the agreement, stating, “We were able to negotiate additional funding for Finland’s support for Ukraine. The funds come from frozen Russian assets. The products are purchased from Finnish industry to boost employment at home and sent to Ukraine to help its defence. I am very pleased with the outcome.”
Minister Häkkänen highlighted that the support is part of Finland’s unwavering commitment to Ukraine. “Finland’s support for Ukraine is unwavering and strong even in other respects. This new package alongside our national EUR 660 million support programme will forge closer links between the Finnish industry and Finland’s support for Ukraine. This is a great example of the Finnish defence industry’s abilities, and it shows that our investments into ammunition production capacity are paying off,” he said.
No further details regarding the content, manner, or schedule of the delivery have been disclosed. Finland remains committed to strengthening its defence cooperation with Ukraine while supporting domestic industry through this initiative.
Source: Finnish Ministry of Defence.
