Ukrainian President Volodymyr Zelensky stated on Saturday {that a} £2.26 billion ($2.84 billion) mortgage from the UK can be used for weapon manufacturing in Ukraine. This comes only a day after blowout with US President Donald Trump and Vice President JD Vance within the Oval workplace over American help for Ukraine.
The mortgage settlement was signed by UK Chancellor Rachel Reeves and Ukraine’s Finance Minister Sergii Marchenko. The primary installment is anticipated subsequent week.
Britain stated the mortgage can be funded by earnings from frozen Russian belongings. That is a part of a $50 billion help bundle pledged by the G-7 nations.
Zelensky thanked the UK for its continued help because the struggle started.
“The funds can be directed towards weapons manufacturing in Ukraine,” Zelensky stated on X. “I thank the folks and the federal government of the UK for his or her nice help because the starting of this struggle.”
He added, “At present, in our presence, a mortgage settlement was signed between Ukraine and Nice Britain. A mortgage to strengthen our protection capabilities, which can be repaid from the earnings obtained from frozen Russian belongings. The cash will go to the manufacturing of weapons in Ukraine. That is simply: the one who began the struggle should pay.”
London. A significant and heat assembly with Prime Minister @Keir_Starmer.
Throughout our talks, we mentioned the challenges dealing with Ukraine and all of Europe, coordination with companions, concrete steps to strengthen Ukraine’s place, and ending the struggle with a simply peace, together with… pic.twitter.com/IAwcPgbhYW
— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) March 1, 2025
Zelensky met British Prime Minister Keir Starmer in London on Saturday after he did not safe the mineral take care of the US after spat with Donald Trump.
On Sunday, he’ll meet King Charles III earlier than attending a gathering at Lancaster Home, a historic mansion close to Buckingham Palace.
Starmer additionally spoke with Trump and French President Emmanuel Macron on Saturday night after assembly Zelensky, in line with the UK Prime Minister’s Workplace.
Earlier, Zelensky arrived at 10 Downing Avenue, the place he was greeted with cheers from the gang. Starmer embraced him in a agency hug.
“And as you heard from the cheers on the road exterior, you’ve full backing throughout the UK,” Starmer advised Zelensky.
“We stand with you, with Ukraine, for so long as it could take,” he added.
(With AP inputs)
