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2mo ago

France Allocates €195 Million in Military Aid to Ukraine Using Russian Asset Interest

The funding will supply artillery shells and glide bombs for Ukraine's defense, as France warns of evolving Russian threats.

Plastic letters arranged to read "Sanctions" are placed in front the flag colors of France and Russia in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
French Defence Minister Sebastien Lecornu pointed to ammunition and electronic warfare as the most urgent issues for France's military in the years to come
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Overview

  • France's €195 million military aid package for Ukraine is funded by interest from frozen Russian assets.
  • The assistance includes 155mm artillery shells and AASM glide bombs for Mirage 2000 fighter jets already supplied to Ukraine.
  • France plans to accelerate deliveries of older military equipment, such as AMX-10RC tanks and VAB armored vehicles.
  • French Minister Sebastien Lecornu described the U.S. suspension of military aid to Ukraine as a 'heavy blow,' urging its resumption.
  • Lecornu highlighted the need for stronger European defense capabilities and warned of potential Russian destabilization efforts in Moldova.