About past, present and future of Ukraine

Search mobile

Main Business UK will provide Ukraine with a billion pounds in support

Business

UK will provide Ukraine with a billion pounds in support

343
UK will provide Ukraine with a billion pounds in support

Share this article


The UK will additionally allocate a billion pounds to support Ukraine, as it was written on the Twitter account of the Ukrainian President Volodymyr Zelensky.


These are new investments, trade, security. As a result of my talks with Boris Johnson last year, the total amount of British support will increase to 3.5 billion pounds.

Volodymyr Zelensky

Recall that in October 2020, the countries signed a memorandum of cooperation in the defense industry, which involved funding projects in the amount of £ 1.25 billion.

In addition, in June 2021, a memorandum was signed on the implementation of maritime partnership projects between the consortium of industry of the United Kingdom and the Ukrainian Navy.

The document provides for the construction of two naval bases, the modernisation of shipbuilding enterprises, as well as the acquisition by Ukraine of eight missile boats and two anti-mine ships.


The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...