Military Aid: Ukraine
The question
To ask the Secretary of State for Business and Trade, with reference to the £3.5 billion defence export finance deal for Ukraine, announced on 18 July 2024, whether any (a) goods and (b) services are excluded from the funding arrangement.
Answered by Justin Madders
More than two years since the illegal invasion of Ukraine, the UK continues to stand resolutely with the Ukrainian people against Russian aggression.
£3.5 billion is the total capacity UK Export Finance (UKEF) has to support transactions with Ukraine. It is already in place for support for eligible transactions, including any future transactions entered into under the new treaty. All transactions are subject to UKEF’s regular due diligence and approvals processes.
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