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    Finance

    Posted By Global Banking and Finance Review

    Posted on June 24, 2025

    Featured image for article about Finance

    THE HAGUE (Reuters) -The Netherlands will provide Ukraine with 100 drone-detection radars and 20 medical evacuation vehicles as part of a new 175 million euro ($202 million) aid package, Dutch Defence Minister Ruben Brekelmans said on Tuesday.

    Delivery of the radars, which will help identify incoming drones and relay data to air defence systems, is expected to be completed by year-end.

    In a statement on Friday, the Dutch Defence Ministry specified that 80 million euros of the package will go towards drone support through the international drone coalition.

    The move on Tuesday follows a 500 million euro deal to produce 600,000 drones with the Ukrainian defence industry, Brekelmans said ahead of a NATO Summit in The Hague.

    The Netherlands has pledged about 10 billion euros in military support for Ukraine since the beginning of the full-scale Russian invasion in early 2022.

    ($1 = 0.8629 euros)

    (Reporting by Charlotte Van Campenhout; Editing by Alison Williams and Bernadette Baum)

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