In order to consolidate the support of Ukraine, the United Kingdom has granted a loan of 2.26 billion pounds to strengthen the country’s defense capacities. This agreement, signed by Chancellor Rachel Reeves and the Ukrainian Minister of Finance Sergii Marchenko, will be reimbursed using profits generated from Russian sovereign assets Frozen. The first branch of this important funding should reach Ukraine next week.
British Prime Minister Keir Starmer reaffirmed the “unshakable support” of Great Britain to Ukraine during the visit of President Volodymyr Zelenskyy in London. Unlike the tense atmosphere of the recent Zelenskyy meeting with former American president Donald Trump, the Ukrainian chief described his meeting with Starmer as “warm”.
Starmer said that he had “absolute determination … To achieve what we both want to achieve, which is a lasting peace – lasting peace for Ukraine based on sovereignty and security for Ukraine, so important for Ukraine, so important for Europe and so important for the United Kingdom”.
The meeting took place outside 10 Downing Street, where the reception of Starmer met with acclamations of the crowd of support, highlighting the commitment of Great Britain to the sovereignty of Ukraine.
In an additional demonstration of support, it is reported that the United Kingdom could unlock billions of pounds of frozen Russian assets to help help the military efforts of Ukraine. If he is executed, this would mark the first case of these assets redirected to military spending. This decision is aligned with the United Kingdom’s strategic objective to apply economic pressure on Russia while strengthening the defense of Ukraine.
President Zelenskyy has expressed his gratitude for the “formidable support” of the United Kingdom since the invasion of Russia three years ago, stressing the “warm” reception he received in the United Kingdom. “We are happy and count on your support,” said Zelenskyy, recognizing the importance of the Uk-Ukraine relationship.
Also emphasizing the commitment of the United Kingdom, Zelenskyy should meet King Charles, who has already spoken of the “determination and strength” of the Ukrainian people. “I am very happy that His Majesty the King accepted my meeting tomorrow,” said Zelenskyy, highlighting shared solidarity in the face of Russian assault.
The loan agreement and the Royal Reunion reflect the strategic emphasis of the United Kingdom on the maintenance of European unity against Russian hostilities.
European leaders have expressed concern about a potential break with the United States concerning Ukraine, with plans to strengthen military support at a next summit. Emphasis is placed on the increase in economic pressure on Russia and the guarantee of the central role of Ukraine in peace negotiations.
Friday evening, US President Donald Trump and Vice-President JD Vance accused him of not being grateful to the United States for the huge sums they had spent to help Ukraine defend himself following the Russian invasion in 2022.
