Denmark, Norway, Sweden and Finland move forward with measures to support Ukrainian resistance.
sovereign wealth fund prepares to unlink Russia. Norway’s sovereign wealth fund, the world’s largest, will freeze its investments in Russia and begin a full exit as part of sanctions against Moscow for its invasion of Ukraine, the Norwegian government announced.
“The objective is to withdraw the oil fund entirely from the Russian market,” the finance minister said at a press conference.
The oil fund, worth a total of more than €1,100 billion, has holdings of around €2.7 billion in Russia, according to the Norwegian press.
Norway, a country that is not a member of the European Union but a member of NATO, has announced its intention to join European sanctions against Russia.
Denmark will allow volunteers to join the international brigades that Ukraine intends to form to fight the Russian invasion, Prime Minister Mette Frederiksen said on Sunday, considering that she does not see this as a “legal obstacle”.
“It’s a choice anyone can make. That goes for all Ukrainians who live here, of course, but also for others who think they can directly contribute to the conflict,” she said.
Earlier in the day, Frederiksen demonstrated with thousands of people outside the Russian embassy in Copenhagen to protest the Russian invasion of Ukraine.
The Ukrainian presidency of Volodymyr Zelensky today announced the creation of an “international legion” of foreign fighters to help repel the Russian invasion, calling for volunteers to join the new resistance unit.
In turn, Sweden will break with the doctrine that excludes the delivery of weapons to a country at war and will send 5,000 anti-tank rocket launchers to Ukraine, the Government announced this Sunday.
This “exceptional decision” is unprecedented since 1939, when Sweden helped Finland invaded by the former Soviet Union, said Swedish Prime Minister Magdalena Andersson.
“For me, as prime minister, the one and only question is what best defends the security of Sweden and the Swedish people. My conclusion is that our security is best defended when we defend Ukraine’s ability to defend itself against Russia.”
The European Union previously confirmed an agreement to send weapons to Ukraine and Germany also announced this Sunday a major reversal of its doctrine by handing over weapons to Ukrainian authorities.
Finland is also considering sending weapons directly to Ukraine, Defense Minister Antti Kaikkonen said Sunday, in what would be an exception to its long-standing policy of not allowing the export of weapons to war zones.
The minister also said that Finland, which is not a member of NATO and shares borders with Russia, has given Estonia the green light to send formerly Finnish weapons to Ukraine.
Finland will send defense equipment to Ukraine, including 2,000 bulletproof vests, 2,000 helmets, 100 stretchers, and equipment for two emergency medical care stations, according to a government statement.