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.