The European Union has transferred €3.9 billion ($4.44 billion) to Ukraine to finance drone procurement, the Commission said on Tuesday, according to Reuters.
The disbursement is part of a €90 billion loan approved by the EU earlier this year.
This disbursement follows the Commission's first €3.2 billion instalment to Ukraine made on June 25 to help with the country's government financing.
"We are releasing a first tranche of €3.9 billion for advanced drone technology to strengthen Ukraine's defence. And more will follow. These investments will help Ukraine protect its citizens, defend its sovereignty, and reinforce Europe's security," European Commission President Ursula von der Leyen said in a statement.
Follow the latest news on Google News
