According to the Delfi portal, this contribution will translate to approximately 112 million euros in 2024, with the necessary funds being allocated from the Latvian Ministry of Defense's budget.
The signing of this significant agreement is scheduled for April 11 during the Three Seas Initiative summit in Vilnius. Latvian President Edgars Rinkevičs is expected to sign the agreement on behalf of Latvia. Although the agreement is political in nature and does not carry binding legal obligations, it represents a strong and clear signal of Latvia's support for Ukraine amidst its ongoing conflict with the aggressor.
The Latvian Ministry of Foreign Affairs highlighted that the agreement encompasses all forms of long-term assistance to Ukraine in its defense efforts, as well as Latvia's backing for Ukraine's aspirations towards European Union and NATO membership.
This move by Latvia follows a series of similar agreements signed between Ukraine and other countries, including Great Britain, Canada, Denmark, France, Germany, Italy, and the Netherlands, demonstrating a collective international effort to support Ukraine. Additionally, Lithuania and Estonia are also expected to sign comparable agreements with Ukraine in the near future.
This development comes as Finnish President Alexander Stubb recently visited Kyiv, with the Office of the President of Ukraine subsequently publishing the text of the security cooperation and long-term support agreement between Ukraine and Finland.
