“Ukraine will receive the first tranche under the UK loan totaling £ 2.26 billion next week. This was reported on the site of the British government. “The loan will be fully aimed at military procurement to strengthen Ukraine’s defense capability, and the first tranche is expected to be provided to Ukraine next week,” the British government said. The loan will be given to three equal”, – WRITE ON: ua.news
Ukraine will receive the first tranche under the UK loan totaling £ 2.26 billion next week.
This was reported on the site of the British government.
“The loan will be fully aimed at military procurement to strengthen Ukraine’s defense capability, and the first tranche is expected to be provided to Ukraine next week,” the British government said.
The loan will be given to three equal annual payments of £ 752 million.
The program will become part of the Extraordinary Revenue Acceleration for Ukraine (ERA) of the G7 countries with a total volume of $ 50 billion.
The loan will serve and repay at the expense of future profits received from frozen Russian sovereign assets.
We will remind, Ukraine and the United Kingdom have concluded a new loan agreement of £ 2.6 billion ($ 3.3 billion) to strengthen the defense capability.
The event was attended by the UK Prime Minister Kir Starmer and President of Ukraine Volodymyr Zelenskyy, who met on March 1.
Recall that British Prime Minister Kir Starmer organizes a summit on Ukraine on Sunday, March 2. The meeting of European leaders is intended to demonstrate the common and firm support of Ukraine.
Baltic countries are “very dissatisfied” by the fact that the United Kingdom did not invite their leaders to join the summit against Ukraine. Latvia, Lithuania and Estonia were excluded.