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

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