Budapest Memorandum on Security Assurances

Budapest Memorandum on Security Assurances

The Budapest Memorandum was signed in 1994 after mutual dialogue by Russia, the United States, the United Kingdom and Ukraine.

  • Under this, Ukraine agreed to renounce nuclear weapons inherited from the Soviet Union. In this context, all nuclear weapons were transferred to Russia for de-commissioning.
  • (De-commissioning means deactivating a nuclear reactor or weapon and destroying it safely)
  • Ukraine received a guarantee of respect for its independence and sovereignty in exchange for renouncing nuclear weapons.
  • For this it had received a politically binding security assurance from the signatory countries. This security assurance guarantees Ukraine its existing borders. However, the meaning of this security assurance was not clarified.
  • Recently, Russia’s attack on Ukraine is being seen as a direct violation of the Budapest Memorandum.

Source – The Hindu

Download Our App

MORE CURRENT AFFAIRS

Share with Your Friends

Join Our Whatsapp Group For Daily, Weekly, Monthly Current Affairs Compilations

Related Articles

Youth Destination Facilities

Enroll Now For UPSC Course