President Zelenskiy announced Ukrainian experts will join U.S.-Russia talks in Saudi Arabia, emphasizing that they will not meet with Russian representatives directly. He is advocating for increased military support from the EU. Norway pledged to boost its aid to Ukraine, leveraging its substantial financial resources amid the conflict while seeking to enhance European unity.

Ukrainian President Volodymyr Zelenskiy announced that Ukrainian experts will participate in discussions in Saudi Arabia, which involve talks between the United States and Russia regarding the ongoing conflict. However, Ukrainians will not be in direct contact with Russian officials during these meetings. This diplomatic initiative is part of broader efforts to bring about peace, particularly in ensuring maritime safety in the Black Sea.

Zelenskiy elaborated that the diplomatic framework will include meetings between Ukrainian and American representatives, followed by negotiations involving America and Russia. He also revealed that Ukraine would compile a list of key facilities that might be included in a potential ceasefire agreement facilitated by Washington, which could encompass energy sources as well as rail and port infrastructures.

While in Norway, Zelenskiy sought to strengthen European support for Ukraine, especially given the varying responses from different nations concerning military aid and strategic assistance. He called upon EU leaders to endorse a significant artillery procurement package worth at least 5 billion euros, emphasizing the necessity of maintaining pressure on Russia to achieve a diplomatic resolution.

Zelenskiy pointed out the challenges posed by some EU leaders, particularly criticizing Hungarian Prime Minister Viktor Orban for obstructing crucial decisions that affect the continent’s collective security and support for Ukraine. Conversely, Nordic and Baltic nations, including Norway, continue to advocate for increased assistance to Ukraine, reflecting a united front among these countries in support of Kyiv.

Highlighting Norway’s commitment, Prime Minister Jonas Gahr Stoere announced an increase in financial aid to Ukraine, raising annual support from 35 billion to 85 billion crowns. As Norway possesses substantial financial resources through its sovereign wealth fund, which has benefited from increased gas sales to Europe, the country is uniquely positioned to offer additional support without incurring debt. This funding will be channeled into further enhancing Ukraine’s military capabilities and industrial investments.

In summary, Ukrainian President Volodymyr Zelenskiy’s recent announcements underscore a continued effort to enhance diplomatic engagement aimed at resolving the conflict with Russia. His discussions in Norway and the appeal for increased EU military support demonstrate a strategic push for solidarity among European nations in assisting Ukraine. Norway’s commitment to significantly increase financial aid highlights the country’s capacity to support Ukraine amidst the ongoing crisis.

Original Source: www.marketscreener.com

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