AGL 24.24 Increased By ▲ 0.77 (3.28%)
AIRLINK 107.70 Increased By ▲ 1.59 (1.5%)
BOP 5.12 Decreased By ▼ -0.05 (-0.97%)
CNERGY 3.63 Decreased By ▼ -0.03 (-0.82%)
DCL 7.32 Decreased By ▼ -0.48 (-6.15%)
DFML 42.10 Decreased By ▼ -2.09 (-4.73%)
DGKC 88.80 Increased By ▲ 0.30 (0.34%)
FCCL 21.75 No Change ▼ 0.00 (0%)
FFBL 41.85 Decreased By ▼ -0.67 (-1.58%)
FFL 8.61 Decreased By ▼ -0.14 (-1.6%)
HUBC 148.75 Increased By ▲ 0.95 (0.64%)
HUMNL 10.14 Decreased By ▼ -0.11 (-1.07%)
KEL 4.28 Decreased By ▼ -0.06 (-1.38%)
KOSM 3.59 Decreased By ▼ -0.20 (-5.28%)
MLCF 36.20 Decreased By ▼ -0.20 (-0.55%)
NBP 47.75 Decreased By ▼ -1.55 (-3.14%)
OGDC 129.10 Decreased By ▼ -1.75 (-1.34%)
PAEL 25.75 Decreased By ▼ -0.20 (-0.77%)
PIBTL 6.00 Decreased By ▼ -0.05 (-0.83%)
PPL 113.65 Decreased By ▼ -0.90 (-0.79%)
PRL 22.30 Decreased By ▼ -0.30 (-1.33%)
PTC 12.10 Decreased By ▼ -0.27 (-2.18%)
SEARL 54.98 Decreased By ▼ -0.72 (-1.29%)
TELE 7.11 Decreased By ▼ -0.14 (-1.93%)
TOMCL 37.11 Increased By ▲ 0.71 (1.95%)
TPLP 7.76 Decreased By ▼ -0.19 (-2.39%)
TREET 15.00 Decreased By ▼ -0.29 (-1.9%)
TRG 55.54 Decreased By ▼ -1.16 (-2.05%)
UNITY 31.20 Decreased By ▼ -0.65 (-2.04%)
WTL 1.15 Decreased By ▼ -0.02 (-1.71%)
BR100 8,248 Decreased By -46.7 (-0.56%)
BR30 25,878 Decreased By -223.8 (-0.86%)
KSE100 78,030 Decreased By -439.8 (-0.56%)
KSE30 25,084 Decreased By -114.2 (-0.45%)

KYIV: Canada said on Saturday it would provide 3.02 billion Canadian dollars ($2.2 billion) in financial and military support for Ukraine this year as the two countries signed a security agreement.

“We will stand with Ukraine with whatever it takes, for as long as it takes,” Canadian Prime Minister Justin Trudeau, who was visiting Kyiv on the second anniversary of the war, said in a statement announcing the funding.

Kyiv also signed a bilateral security deal with Italy on Saturday, Zelensky said, following similar deals struck with Britain, France, Germany and Denmark in recent weeks.

Volodymyr Zelensky urges US Congress to approve new Ukraine aid

The 10-year agreement between Ottawa and Kyiv “outlines key, long-term security commitments for Canada to continue supporting Ukraine as it defends its sovereignty and territorial integrity, protects its people, and rebuilds its economy for the future,” Trudeau’s office said.

The document includes funding pledges and enhanced cooperation across political, military, security, economic and humanitarian areas, but is not a defence pact or guarantee of military protection.

Kyiv has cast the deals as an important show of the West’s long-term commitment as its resources are stretched and Russia is making its first gains on the battlefield in almost a year.

Ukraine relies on tens of billions of dollars in military support to provide its army with ammunition, artillery, tanks, rockets and other equipment.

European Commission chief Ursula von der Leyen, also in Kyiv, also said Saturday the first payment under a new 50-billion-euro ($54.2 billion) EU aid programme for Ukraine, worth some 4.5 billion euros ($4.9 billion), would be disbursed in March.

But as the war enters its third year, there is still no sign of progress on Ukraine’s most important funding stream – a $60-billion package of support from the United States.

Comments

200 characters