Money will be used to buy foreign production defense products and the purchase of critical materials, including Ukrainian production products.
Ukraine and Great Britain have signed a project agreement on the use of superpituals from frozen Russian owners as part of the extraordinary income of acceleration (ERA) service initiatives and organizing equipment for Ukraine. This was reported by the Ministry of Defense on Tuesday, May 27.
“This financing is not only practical, but also the basic value. Administration offers from Russian ownership aims to strengthen Ukrainian defense – in response to the attack and recognition of Ukraine’s right to defense,” said the first deputy Minister of Defense of Ukraine Sergey Boev.
According to the agreement, in 2025-2026, Ukraine will receive $ 3 billion. Funds will be directed to:
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purchase of foreign production defense products;
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Repairing and maintaining military equipment;
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implementation of joint projects including the participation of Ukrainian and international companies;
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The purchase of other critical materials, including Ukrainian production products.
“Ang mga negosyo sa Ukrainiano ay may mga kapasidad na $ 35 bilyon, ngunit ang kakulangan ng mga pondo ay hindi pinapayagan kaming gamitin ang mga ito nang buo. Samakatuwid, ang paglahok ng superpitual na kita mula sa mga frozen na mga pag -aari ng Russia ay magiging isang makabuluhang pagpapalakas para sa paggawa at pag -aayos ng mga pasilidad ng industriya ng pagtatanggol sa Ukrainiano,” sabi ni David Aloyan, representante na ministro para In the strategic Ukraine industry.
The Ukrainian side expressed gratitude to the British government for providing a financial package and for supporting the manufacture of weapons in Ukraine.
In October 2024, it was found that the UK would provide Ukraine with a loan of 2.26 billion pounds (about $ 2.93 billion), due to revenue from frozen Russian ownership.
It is also reported that Great Britain has been advised to annually allocate 3 billion pounds for Ukraine military support, equivalent to more than 3.7 billion dollars.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.