Tuesday03 December 2024
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Britain is offering Ukraine a military loan amounting to £2.26 billion.

The United Kingdom is allocating £2.26 billion to Ukraine to strengthen its defense. The funds will be used to purchase air defense systems, artillery, and other military equipment as part of the G7 initiative.
Великобритания предоставляет Украине военный кредит в размере 2,26 миллиарда фунтов.

The United Kingdom is providing Ukraine with a military loan of £2.26 billion to strengthen its defense capabilities. This was reported by the UK Government, as conveyed by UNN.

Details

The funding will be allocated for the acquisition of essential air defense systems, artillery, and other military equipment necessary to enhance Ukraine's defensive capabilities.

This loan is part of a comprehensive program by the G7 countries, which includes a commitment of $50 billion for Ukraine's military and economic needs. The repayment of the loan will be funded through revenues from frozen Russian assets that have been sanctioned.

UK Finance Minister Rachel Reeves emphasized that supporting Ukraine is critically important for safeguarding the democratic values currently being upheld on the battlefields of Ukraine.

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