
Luxembourg To Join NATO Initiative To Purchase U.S. Arms For Ukraine
“We will finance, together with other countries which we still have to identify, a package of already available arms, to a large extent American arms, that we will provide to Ukraine,” the Prime Minister said, adding that those countries will be identified in the next few weeks.
According to Frieden, each PURL package typically costs $500 million, meaning that smaller nations need to find partners for joint procurement.
For his part, NATO Secretary General Mark Rutte recalled that over the past few weeks, NATO allies had already raised $2 billion to purchase“vital lethal, sometimes also more defensive systems” for Ukraine under the PURL initiative. The packages have included, in particular, air defense capabilities and ammunition.
Read also: NATO –Ukraine Council: MFA outlines results of meeting in BrusselPresident Volodymyr Zelensky earlier stated that Ukraine aims to secure at least $1 billion per month through the PURL initiative.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Phase 6 Reaches 50% Mark As Mutuum Finance (MUTM) Approaches Next Price Step
- Cregis Releases 2025 Cryptocurrency Wallet Analysis
- Mutuum Finance (MUTM) New Crypto Coin Eyes Next Price Increase As Phase 6 Reaches 50% Sold
- Bydfi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement
- T-REX Launches Intelligence Layer To Fix Web3's Value Distribution Problem
- Forex Expo Dubai 2025 Conference To Feature 150+ Global FX And Fintech Leaders
Comments
No comment