United Kingdom Disburses More Than a Billion Pounds of Military Aid for Ukraine,funded by Revenues Derived from Frozen Russian Assets
The United Kingdom has announced a significant increase in its military support for Ukraine, pledging an additional £4.5 billion this year. This aid is part of an ongoing effort to help Ukraine defend its territory against invasion, as stated in a recent press release.
Over the past 50 days, London has been supplying Ukraine with a variety of military aid. This includes 4.7 million rounds of small arms ammunition, 60,000 artillery shells, rockets, and missiles, 100 light weapons, and 30 vehicles. Moreover, the UK is providing over 200 electronic warfare systems and more than 2,500 drones to Ukraine.
The aid is intended to help Ukraine maintain its military capabilities and counter drones, strengthening air defence. The UK is also providing artillery ammunition, air defence missiles, drones, spare parts, and other equipment necessary for maintaining and repairing Ukrainian military hardware.
A substantial portion of this aid, £2.26 billion, is being provided as a loan through the Extraordinary Revenue Acceleration fund, which will be repaid using proceeds from frozen Russian assets. This aid is being used to help Ukraine defend itself against Putin's illegal invasion.
In addition to the military support, the UK has also imposed sanctions on financial networks used by Russia to evade existing Western sanctions, including Kyrgyz crypto networks, as of August 20. The UK aims to secure peace tomorrow through the Coalition of the Willing.
The UK has already provided over £1 billion (nearly US$1.36 billion) in weapons and military aid to Ukraine since the conflict began. This new aid brings the total UK military support for Ukraine to over £5.5 billion.
The UK's military support for Ukraine is a testament to its commitment to upholding international law and supporting democratic nations facing aggression. The UK remains resolute in its support for Ukraine's sovereignty and territorial integrity.
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