Recently, London and Kyiv signed an agreement concerning the provision of an emergency loan to strengthen Ukraine's defense capability in the amount of 2.6 billion pounds sterling (about 3 billion dollars).
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Photo – censor.net
As NBN reports with reference to the official page of the UK government, Ukraine will receive some part of the above-described amount next week.
Based on the clarification of the British authorities, in general, the loan is intended for military purchases that will significantly strengthen Ukraine's defense potential. London also clarified that the financing will be carried out in three equal annual installments, each of which will amount to at least 752 million pounds sterling.
It should be noted that this loan agreement is concluded as an addition to the commitments made by the UK concerning the provision of long-term military assistance to Ukraine (3 billion pounds sterling/annually).
According to the UK Chancellor of the Exchequer Rachel Reeves, such actions will significantly strengthen the Ukrainian Armed Forces, as well as:
…They will put Ukraine in the strongest possible position at a critical stage of the war.
Earlier, we wrote about Zelensky's response to how the spat with Trump would affect relations between Ukraine and the United States.