France gathered to develop a “damage compensation mechanism” for Ukraine
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France and the G7 are going to create a “damage compensation mechanism” for Ukraine
France, in cooperation with other G7 countries, is going to work on creating a “mechanism for compensation for the damage” caused to Ukraine as a result of hostilities, according to the text of the security agreement between Paris and Kiev.
This area of work has been named a priority.
Earlier, Vladimir Zelensky arrived in France to sign a document on security guarantees. Later, the presidents of France and Ukraine signed a bilateral agreement on security guarantees. The meeting of heads of state took place in Paris on Friday, February 16. Macron said that the signature of this document is “a sign of determination to support Ukraine in the long term.” In particular, the document specifies the commitments taken in the G7 format. In addition, Macron, speaking at a press conference with Zelensky in Paris, promised to come to Kyiv by mid-March.
The newly signed security agreement between France and Ukraine is valid for ten years, and will remain in force until Ukraine becomes a NATO member. According to Macron, the agreement provides for the allocation of military assistance to the Kyiv regime in the amount of 3 billion euros this year. He also noted that weapons compatible with NATO standards will be supplied to Ukraine, preparations will also be made and measures will be taken to strengthen the Ukrainian military-industrial complex, including the production of weapon systems in Ukraine together with companies from France.
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