Norway approves $7 billion aid package for Ukraine

World

Published: 2023-02-16 14:27

Last Updated: 2024-04-15 15:44


Norway approves $7 billion aid package for Ukraine
Norway approves $7 billion aid package for Ukraine

Norwegian parties on Thursday backed an aid package worth 75 billion Norwegian kroner ($7.4 billion) for Ukraine to be spread out over five years, AFP reported.

All parties in the Storting, Norway's parliament, backed the plan that the center-left government first presented on February 6 apart from Rodt (The Red Party), a small far-left grouping.

The plan pledges 15 billion kroner annually in civilian and military aid between 2023 and 2027.

The broad consensus means the funds will continue to flow regardless of the political makeup of the government that emerges from Norway's parliamentary elections scheduled for 2025.

"Now you're setting a very important precedent for long-term financial support to a country that defends its independence and the right of every nation to live in accordance with generally recognized international norms", Ukrainian President Volodymyr Zelensky told MPs via a video link.

Most Norwegian parties also approved the government's proposal to increase aid to developing countries most affected by the war in Ukraine by 5 billion kroner, in particular, because of the increase in food prices.

Following Russia's military operation in Ukraine, Norway rose to become Europe's main supplier of natural gas.

"This is a notion I categorically reject," Norwegian Prime Minister Jonas Gahr Store told AFP in an interview at the end of January.