India, April 15 -- The UK Government has sent a 752 million pounds payment to Ukraine through the Extraordinary Revenue Acceleration Loans for Ukraine scheme.
The funding will support Ukraine to procure vital military equipment, including urgently needed air defense, as Russia continues its air assault on Ukraine.
The loan, which will be paid for through the profits of sanctioned Russian sovereign assets in the European Union, forms part of a wider 2.26 billion pounds loan agreed between the the two countries in March.
"A strong Ukraine is vital to UK national security and this second tranche of funding will help put them in the strongest possible position, and contribute towards our collective security," said Rachel Reeves, Chancellor o...