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The United Kingdom has agreed to take part in the European Union’s loan program backing Ukraine through 2026–2027, with London’s contribution tied to the value of contracts awarded to UK defense manufacturers.
This comes from a Joint Statement issued by the EU and UK, published on the European Commission’s website and reported by UATV English.
“The European Union and the United Kingdom stand firm in their support of Ukraine and our commitment to support Ukraine as long as it takes to bring Russia’s illegal war of aggression to an end and secure a comprehensive, just and lasting peace,” the statement said.
Both sides welcomed the signing of a contractual agreement that concludes negotiations over the UK’s role in the €90 billion Ukraine Support Loan.
The statement described this as a meaningful step that will let Ukraine draw on a wider pool of defense manufacturers under the loan program, helping ensure it has the capabilities needed to withstand Russian aggression. The UK will contribute fairly and proportionately to the borrowing costs involved, based on the value of contracts its companies receive.
The EU and UK jointly framed the agreement as evidence of their shared commitment to Ukraine, as well as a reflection of how closely linked and interdependent their respective defense industrial bases have become.
“We continue to work closely with international partners to strengthen Ukraine’s resilience, support its economy, and help meet its immediate and longer-term needs. European security is strongest when allies stand together. The Ukraine Support Loan is also a vital investment in European security – a strong, sovereign and secure Ukraine is essential to the security and stability of Europe as a whole, and to deterring future aggression,” the two sides said.
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