The Ukraine Support Loan should provide financial and economic assistance to Ukraine as a country at war, the financial stability of which is intrinsically linked to and depends on its ability to defend itself against Russia’s aggression. That justifies a specific amount of the financial and economic assistance to Ukraine being used to increase Ukraine’s capacity to cope with budgetary needs in relation to the capacity of Ukraine to strengthen its defence and military capabilities, thereby contributing to providing Ukraine with a qualitative military edge. That financial and economic assistance should aim to enable Ukraine to carry out urgent and major public investments in support of the Ukrainian defence industry and to facilitate its integration into the European defence industry in response to and following the current crisis situation. That financial and economic assistance should contribute, in particular, to the reconstruction, recovery and modernisation of the Ukrainian Defence Technological and Industrial Base, with a view to increasing its defence industrial readiness, taking into account its gradual future integration into the European Defence Technological and Industrial Base and through support for the timely availability of defence products and other products for defence purposes, through cooperation between the Union and Ukraine.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
