UK Allocates £1 Billion From Frozen Russian Assets for Ukraine Military Aid
UK Allocates £1 Billion From Frozen Russian Assets for Ukraine Military Aid

UK Allocates £1 Billion From Frozen Russian Assets for Ukraine Military Aid

News summary

The United Kingdom has allocated over £1 billion (approximately $1.36 billion) in military aid to Ukraine, funded by proceeds from frozen Russian assets, according to UK Defence Secretary John Healey during his visit to Kyiv. This aid has enabled the delivery of hundreds of thousands of artillery shells, air defense missiles, drones, spare parts, and supported new contracts for maintenance and repair of Ukrainian military equipment. The UK government has also committed £4.5 billion in military support to Ukraine this year, including a £2.26 billion loan through the Extraordinary Revenue Acceleration fund, which is being repaid using frozen Russian assets. Healey emphasized the UK's efforts to review and accelerate funding for the readiness of its Armed Forces and discussed multinational force deployment plans with allied ministers. The ongoing cooperation between the UK and Ukraine's defense and industrial sectors reflects a century-long partnership, while the UK continues to lead a coalition of over 30 countries to strengthen Ukraine's defense capabilities. These measures are part of broader political and economic pressure on Russia amid its invasion of Ukraine.

Story Coverage
Bias Distribution
100% Right
Information Sources
1d047b27-d4f4-45ed-bbd2-756dae2e1d47ed3c261f-5b8a-4660-aaa3-72ae35a35016
Right 100%
Coverage Details
Total News Sources
2
Left
0
Center
0
Right
2
Unrated
0
Last Updated
4 days ago
Bias Distribution
100% Right
Related News
Daily Index

Negative

27Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News