**EU Vows to Support Ukraine’s Defense Industry**
The European Union (EU) has announced plans to invest a significant amount in Ukraine’s defense industry. Kaja Kallas, the EU’s new top diplomat, made the announcement during her visit to Kyiv on December 1.
According to Kallas, the EU will provide 400 million euros this year and 1.9 billion euros next year for the Ukrainian defense industry. This investment is aimed at boosting Ukraine’s military capabilities and supporting its fight against Russia.
**EU Shows Solidarity with Ukraine**
Kallas’ visit to Kyiv was seen as a sign of solidarity between the EU and Ukraine. The EU has been a strong supporter of Ukraine, providing economic, humanitarian, and military aid throughout the conflict.
The EU’s investment in Ukraine’s defense industry is part of its broader strategy to weaken Russia economically. Kallas mentioned that the Russian economy is in a dire state, with a record-high interest rate and accelerating inflation.
**US Support for Ukraine Uncertain**
However, the fate of US support for Ukraine remains uncertain. With Donald Trump set to return to the White House, there are concerns that the US may reduce its commitments to Ukraine.
Kallas emphasized that the EU has been pulling its weight in supporting Ukraine and will continue to do so. She also urged the US to see the value in investing in Ukraine’s security, as it is an investment in their own security interests.
**EU Plans to Use Frozen Russian Assets**
The EU plans to use frozen Russian assets to support Ukraine. European Council President Antonio Costa announced that the EU will transfer 1.5 billion euros monthly to Ukraine from next year, obtained from profits received from the frozen Russian assets.
This move is seen as a way for the EU to hold Russia accountable for its actions in Ukraine and to provide much-needed financial support to the Ukrainian government.
**Kyiv Independent**
The Kyiv Independent is an independent news outlet that provides in-depth coverage of current events. The article was written by Oleksiy Sorokin, co-founder and deputy chief editor at the Kyiv Independent.