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    1. Home
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    3. >Spain's Sanchez tells Ukraine's Zelenskiy that Iran war will not derail support
    Finance

    Spain's Sanchez Tells Ukraine's Zelenskiy That Iran War Will Not Derail Support

    Published by Global Banking & Finance Review®

    Posted on March 18, 2026

    2 min read

    Last updated: March 18, 2026

    Spain's Sanchez tells Ukraine's Zelenskiy that Iran war will not derail support - Finance news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarkets

    Quick Summary

    Spanish PM Pedro Sánchez reassured Ukraine that Spain’s support remains steadfast despite the Iran conflict diverting attention. Spain and Ukraine signed co-production agreements on drones, radar and missiles, reinforcing defense cooperation amid EU financing delays due to Hungary’s veto.

    Table of Contents

    • Spain Reaffirms Support for Ukraine Despite Middle East Tensions
    • Prime Minister Sanchez's Commitment
    • Context: Ongoing Conflicts
    • Russia's Invasion of Ukraine
    • Details of the Defense Agreements
    • Meetings and Agreements Signed
    • Focus on Air Defence and Drones
    • Companies Involved
    • European Support and Financial Aid
    • Hungary's Opposition and EU Loan
    • Zelenskiy's Appeal to European Leaders

    Spain and Ukraine Sign Defense Agreements Amid Middle East Crisis

    Spain Reaffirms Support for Ukraine Despite Middle East Tensions

    MADRID, March 18 (Reuters) - Spanish Prime Minister Pedro Sanchez said on Wednesday that the crisis in the Middle East would not distract from his country's support for Ukraine in its battle against Russia, as the two countries signed co-production agreements for battle material including drones, radar and missiles.

    Prime Minister Sanchez's Commitment

    "We cannot deny that the crisis in the Middle East is monopolising conversation and precisely for that reason, I want to say to the government of Ukraine that nothing and no one will make us forget what is happening in Ukraine," Sanchez said. "We will keep our support for the Ukrainian people with the same intensity."

    Context: Ongoing Conflicts

    Russia's Invasion of Ukraine

    Russia launched a full-scale invasion of Ukraine more than four years ago, while the U.S.-Israeli war on Iran is ​now in its third week, with no ⁠end in sight.

    Details of the Defense Agreements

    Meetings and Agreements Signed

    Ukrainian President Volodymyr Zelenskiy said in a post on social media channel X that as well as seeing Sanchez, he had met with Spanish engineering and technology group Sener Aerospace & Defence to sign agreements to cooperate on missiles and air defence manufacturing as well as discussing a potential joint project on long-range drones.

    Focus on Air Defence and Drones

    "We discussed production capabilities and bolstering Ukraine’s air defence," he said. "Strengthening air defence and protecting lives are our top priorities. Ukraine has new developments and is ready to scale them up."

    Companies Involved

    In a statement, Sener confirmed the agreements were with Ukrainian missile and autonomous system manufacturers Fire Point, Luch and Radionix.

    European Support and Financial Aid

    Hungary's Opposition and EU Loan

    Zelenskiy said that despite Hungary's opposition, he hoped European leaders meeting in Brussels on Thursday would stand behind an agreement to loan 90 billion euros to Kyiv for military aid and general budget support.

    Zelenskiy's Appeal to European Leaders

    "I know most European countries understand this is not a fair blockage," he said. "There is no alternative to the 90 billion."

    (Reporting by Victoria Waldersee, writing by Emma Pinedo and Aislinn Laing; Editing by Nia Williams)

    Key Takeaways

    • •Pedro Sánchez affirmed Spain’s unwavering support for Ukraine even as the Middle East crisis dominates global headlines.
    • •Spain and Ukraine signed bilateral co-production deals involving drones, radar and missile systems to strengthen Ukraine’s air defense capabilities.
    • •EU’s planned €90 billion loan to Ukraine is currently blocked by Hungary over an oil dispute, prompting discussions on alternative financing methods.

    Frequently Asked Questions about Spain's Sanchez tells Ukraine's Zelenskiy that Iran war will not derail support

    1What agreements did Spain and Ukraine sign?

    Spain and Ukraine signed co-production agreements for battle material including drones, radar, and missiles.

    2Will the Middle East crisis affect Spain's support for Ukraine?

    Spanish Prime Minister Pedro Sanchez stated that the Middle East crisis will not distract from Spain's continued support for Ukraine.

    3Which companies are involved in the Ukraine-Spain defense deals?

    The agreements involve Spanish company Sener Aerospace & Defence and Ukrainian manufacturers Fire Point, Luch, and Radionix.

    4What is Ukraine's primary defense priority?

    Ukraine's top priorities are strengthening its air defense and protecting lives.

    5How is the EU supporting Ukraine financially?

    European leaders are considering a 90 billion euro loan to Kyiv for military aid and general budget support, despite some opposition.

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