Thursday, June 26, 2014

NATO Promises More Funding For The Ukraine Military

NATO Secretary General Anders Fogh Rasmussen (Reuters/Francois Lenoir)

NATO Pledges New Funding For Ukrainian Military -- RT

NATO has endorsed new funding for Ukraine's defense in the form of “trust funds” to help with logistics and cyber defense, as well as command and control, according to NATO Secretary General Anders Fogh Rasmussen.

The funding is aimed at strengthening the Ukrainian military, though no specific amounts have been allocated yet.

The announcement came after NATO foreign ministers met with their Ukrainian counterpart, Pavlo Klimkin, in Brussels on Wednesday.

Read more ....

More News On NATO Promising More Funding For The Ukraine Military

NATO Promises More Funding for Ukraine -- WSJ
NATO creating trust fund to support Ukraine's defense sector - agency -- Voice of Russia
NATO Foreign Ministers To Set Up Ukraine Trust Fund -- Radio Free Europe
NATO approves military funding for Ukraine -- Press TV

My Comment: They are setting up a "trust fund" to act as their "vehicle" to increase their funding for the Ukraine military. A trust fund?!?!?!? Bottom line .... NATO does not have the money RIGHT NOW to give to Ukraine.

No comments: