UK, Ukraine sign loan agreement after 'meaningful and warm' visit
Share and Follow


The United Kingdom agreed to loan Ukraine around $3 billion on Saturday to support their efforts in the war against Russia after a contentious White House meeting left the world wondering about the nation’s ability to secure its sovereign borders. 

Ukrainian President Volodymyr Zelensky thanked the fellow European country for its assistance amid the conflict. 

“This loan will enhance Ukraine’s defense capabilities and will be repaid using revenues from frozen Russian assets. The funds will be directed toward weapons production in Ukraine,” the Ukrainian leader wrote. 

“This is true justice – the one who started the war must be the one to pay.”

Current funds will be pooled from the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) which is valued at $50 billion. Under the G7 ERA mechanism, Ukraine has already received $1 billion from the U.S. and Europe in addition to $3 billion from the European Union, according to Ukraine’s Ministry of Finance.

“The United Kingdom continues to stand in defense of Ukraine. Today’s agreement, which contributes to strengthening Ukraine’s defense capabilities, confirms this. I am grateful to the UK Government for this support and personally to Rachel Reeves for her significant efforts that made this agreement possible,” Ukraine’s Finance Minister Sergii Marchenko said.

The agreement follows the heated Friday Oval Office meeting, during which President Trump and Vice President Vance fired at Zelensky, accusing him of being ungrateful for U.S. support and aid. After the meeting, Trump wrote on Truth Social that Zelensky “is not ready for Peace if America is involved.”

Zelensky’s meeting with British Prime Minister Keir Starmer was notably more friendly, with the Ukrainian leader referring to it as “meaningful and warm” in a post on X,

Share and Follow
You May Also Like

Tim Walz Caught in Viral Ghost Daycare Controversy: The Statement That Has Everyone Talking

In response to a controversial video showcasing vacant “daycare” centers with…

Stranger Things Faces Criticism: Penultimate Episode Deemed ‘Comically Bad’ Amid ‘Woke’ Backlash

“Stranger Things” has faced a wave of negative reviews following its penultimate…

Apple Alerts 1.8 Billion iPhone Users to Highly Sophisticated Cyber Threat

Apple has issued an urgent alert for all iPhone and iPad users,…

Tragic Loss for Anthony Joshua: Coach and Trainer Fatally Injured in Nigeria Car Accident, Boxer Hospitalized After Incident

Tragedy has struck close to the heart of two-time world heavyweight champion…

Tucker Carlson Takes Aim at Ben Shapiro: Unveiling the Truth Behind Group Hate Allegations

In a interview with The American Conservative’s Harrison Berger, Carlson ties the…

FBI Targets Minnesota Fraud Scheme as Top Priority in Nationwide Crackdown

In Minnesota, a significant fraud scandal involving childcare centers has captured attention,…

Revelations Uncover Epstein’s Role in $50 Billion Soviet Fund Linked to KGB

Investigative journalist Dave Troy is detonating the official Jeffrey Epstein narrative, arguing…

Developments Emerge in Minnesota Daycare Case as Officials’ Response Sparks Controversy

Minnesota officials have finally addressed the uproar ignited by a viral…