The UK will allocate $2.93 billion to Ukraine, secured by frozen Russian assets
The UK will provide Ukraine with a loan in the amount of $2.93 billion, which will be repaid from income from frozen Russian assets. The loan is part of a larger $50 billion G7 aid package. Russia called these actions a violation of international law and threatened consequences.
The UK will provide Ukraine with a loan in the amount of £2.26 billion ($2.93 billion), which will be paid from income from frozen Russian assets. This amount is part of a larger $50 billion agreement between the G7 countries aimed at supporting Ukraine. The bulk of the funds will be provided by profits from sanctioned Russian assets frozen under international sanctions. Russia, in turn, claims that attempts to confiscate its assets violate international law and has warned of the consequences of such actions.
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