EU releases Euro 1.9 billion for Ukraine, days after launch of accession talks

eu releases euro 1.9 billion for ukraine, days after launch of accession talks

EU President Ursula von der Leyen with Ukrainian President Volodymyr Zelenskyy (Photo: X@vonderleyen)

Brussels [Belgium], June 28 (ANI): 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.

https://x.com/vonderleyen/status/1806312628156764629

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)

Provided by SyndiGate Media Inc. (Syndigate.info).

OTHER NEWS

3 hrs ago

IAS officer Pari Bishnoi and her lawyer sister Palak leave netizens in awe: 'More power to you, women'

3 hrs ago

Tata Group stocks with HIGH dividend yield - FULL list

4 hrs ago

IMD predicts rainfall in Delhi-NCR region today

4 hrs ago

Prashanth's Andhagan Gets A New Release Window

4 hrs ago

Google Brings Gemini AI Features to Gmail Side Panel: How It Works

4 hrs ago

New pic of Rajinikanth and Kamal Haasan in their movie looks goes viral!

4 hrs ago

IND vs SA T20 World Cup Final, Match Report: Boom, boom Bumrah and three cheers for India

5 hrs ago

Rise of NEET influencers. They’re filing PILs, forming WhatsApp groups, online communities

5 hrs ago

NEET Demystified: What is it take to be a doctor in India

5 hrs ago

How to save for retirement: Investment tips for moderate risk takers

5 hrs ago

Tripura JEE 2024: TBJEE counselling registration last date on June 30

5 hrs ago

Mom-To-Be Masaba Gupta Opens Up About Pregnancy Acne: Here’s Why It Happens

5 hrs ago

Understanding sovereign gold bonds: Tax implications and disclosure requirements

5 hrs ago

Budget 2024: D-Street experts recommend L&T, Wipro, HAL, among 18 top picks ahead of Modi 3.0's first Union Budget

5 hrs ago

Sikkim Flood Update | Sikkim: National Highway-10 Washed Away By Floods | English News | News18

5 hrs ago

‘India can see China-like economic success without sacrificing democracy,’ says TeamLease vice-chairman

5 hrs ago

How government is preparing for new criminal law regime, set to come into effect tomorrow

5 hrs ago

PM Modi Extends Best Wishes To Indian Contingent During Mann Ki Baat, Introduces #CHEER4BHARAT For Paris Olympics 2024

5 hrs ago

Top 10 magnificent NASA images from light-years away | See photos

5 hrs ago

Sundar C-Anurag Kashyap Film One 2 One Trailer Promises A Thrilling Chase

5 hrs ago

PM Modi releases three books on former Vice President Venkaiah Naidu

5 hrs ago

Reliance Jio, Airtel Tariff Hikes Decoded Prices Increased Upto 25%, Free 5G Access Limited

5 hrs ago

'You have to be ready to pay for your crime': Delhi BJP chief reacts on Kejriwal being sent to 14-day judicial custody

5 hrs ago

Former ISRO scientist inspires youth at Rotary Club's 'Big Bang 24' innovation competition

5 hrs ago

Big Headlines | Crime Branch arrests 10 students of Jhalawar Medical College in NEET Row | ABP News

5 hrs ago

What Is The Outlook For Cement Sector? | Portfolio Allocation With Sanjay H Parekh | Top Sector Bets

5 hrs ago

Jubilant Rohit Sharma lifts tearful Hardik Pandya in emotional moment after India seal T20 World Cup glory

5 hrs ago

MoS Raksha Khadse congratulates Team India for winning T20 World Cup after 17 years

5 hrs ago

Grave danger in equating court with temple, judge with God: CJI Chandrachud

5 hrs ago

IND-W vs SA-W, One-Off Test Day 2: India Set Record-Breaking Total, Luus and Kapp Leads South Africa's Resistance

5 hrs ago

IndiGo expands Mumbai-Jeddah route with additional daily flights from August 15

5 hrs ago

Air India flight achieves first successful night landing at Port Blair airport

5 hrs ago

Delhi's Okhla underpass remains waterlogged after record rain, traffic restricted

5 hrs ago

Basic Demat Account Limit Increased To Rs 10 Lakh: Here's What It Means And Other Details

6 hrs ago

Surgeries halted at AIIMS Trauma Centre operation theatres as Monsoon rain wreaks havoc in Delhi

6 hrs ago

Rohit Sharma fails to end T20 WC on high, registers career-best campaign in marquee tournament

6 hrs ago

FPIs invested Rs 26,565 cr in June after selling in April and May in stock market

6 hrs ago

Nawazuddin Siddiqui On Working As Watchman In Mumbai: Main Gareeb To Nahi Tha...

6 hrs ago

Gen Upendra Dwivedi takes over as new Army Chief

6 hrs ago

IMD issues alert for widespread rainfall and thunderstorms across multiple regions