Today: 26 April 2025
28 June 2024
2 mins read

EU releases € 1.9 bn for Ukraine

EU launched accession talks with both Ukraine and Moldova after receiving the nod from the bloc’s member states last week, Al Jazeera reported…reports Asian Lite News

The European Union on Thursday, disbursed Euro 1.9 billion for Ukraine amid its ongoing conflict with Russia.

European Union President Ursula von der Leyen, said that the fund under the Ukraine Facility is aimed to keep the Ukrainian state running as they “fight for freedom.”

She also termed the opening of accession negotiations with Ukraine as a “historic moment” and said Kyiv will find its “rightful place” in the Union.

“Dear @ZelenskyyUa the opening of accession negotiations was an historic moment. You will find your rightful place in our Union. Today we disburse a new EUR1.9 billion under the Ukraine Facility. To keep the Ukrainian state running as you fight for freedom,” the EU chief posted on X.

Earlier on Tuesday, the EU launched accession talks with both Ukraine and Moldova after receiving the nod from the bloc’s member states last week, Al Jazeera reported.

The agreement of the bloc’s 27 members was secured last week, despite efforts by Hungary to block the move.

However, there is no guarantee that the talks will ultimately lead to EU membership, as Turkey and several Western Balkan states have spent years in the accession process.

Notably, the ongoing Russia-Ukraine conflict has reinvigorated the EU’s efforts to expand its membership, much to Moscow’s chagrin.

Ukraine lodged its bid to join the bloc in the immediate aftermath of the invasion in February 2022. Neighbouring Moldova followed closely behind.

“These are truly historic moments. Ukraine is and will always be part of a united Europe,” President Volodymyr Zelenskyy said when the bloc’s members signed off on starting the talks.

“Millions of Ukrainians, and indeed generations of our people, are realising their European dream,” he added.

The launch of accession talks has started off a process of screening how far laws in the countries already comply with EU standards and how much more work lies ahead. The EU then has to begin laying out conditions for negotiations on 35 subjects – from taxation to environmental policy.

According to Al Jazeera, it appears unlikely that there will be progress towards the next step in the coming six months when Hungary will hold the EU’s rotating presidency. (ANI)

ALSO READ-Von der Leyen Nominated for EU’s Top Job Again

Previous Story

Sreeja Akula Aims for Olympic Upsets After Career-High Ranking

Next Story

Jitendra Kumar’s Path from IIT to Bollywood Stardom

Latest from -Top News

Sikh Community Pays Rich Tributes to Pope 

UAE Sikh community mourns Pope Francis, honoring him as a global symbol of faith and compassion…reports Asian Lite News The Sikh community of the United Arab Emirates extends heartfelt condolences on the

India Praises UAE’s Global AI Benchmark 

Kaustubh Dhavse, Maharashtra CM’s OSD, hailed the UAE’s AI model as a global benchmark driving digital innovation and attracting global talent…reports Asia Lite News Kaustubh Dhavse, Joint Secretary and Officer on Special

Azad Moopen Pays Tribute to Pope Francis 

Dr. Moopen also noted Pope Francis’ historic 2019 visit to the UAE, a landmark moment in fostering interfaith dialogue and tolerance…reports Asian Lite News Dr. Azad Moopen, Founder Chairman of Aster DM
Go toTop

Don't Miss

Dark days ahead for Ukraine

The head of OVA stressed that it is necessary to

Xi on six-day visit to Europe amid trade tensions with EU

Over the last week, the EU also increased scrutiny over