UK-administered International Fund for Ukraine passes £1 billion milestone
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Description
Ukraine's defence secretary met his UK counterpart in London to mark a milestone in international military support spending for Ukraine's war of resistance against invasion by Russia.
Rustem Umerov's visit marked the passing of the £1 billion point (US$1.3 billion) in military support for Ukraine, with eight countries joining the UK in the International Fund for Ukraine (IFU). The UKhas single-handedly contributed £500 million to the fund.
Sir Keir Starmer, the UK's relatively new Prime Minister, announced the IFU's largest support package for Ukraine at the NATO Summit in July including a £300 million contract to supply 152mm artillery shells to supply Ukraine's Soviet-era guns. He also confirmed £3 billion of UK aid for Ukraine per year for “as long as it takes”, even in the face of a reputed“£22 billion black hole”in the UK's public finances which the government said it hasdiscovered since taking office in July. The £3 billion annual donation is thought to be outside the remit of any domestic defence spending cuts announced by the former UK chancellor Jeremy Huntin October last year.
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European NATO countries reach average defence spending requirement and renew Ukrainian support
The £300 million artillery shell contract has now been signed and will be expected to deliver thousands of shells before the end of the year.
Denmark, Lithuania, the Netherlands and Norway all confirmed their intent this summer to invest additional money in the Fund tobuy more dronesto help on the frontline, as well as vital air defence capabilities.
UK defence secretary John Healey said: “The ongoing defensive operation in Kursk underlines the crucial importance of continued support and today's milestone for the International Fund for Ukraine shows the value of working with our allies to deliver that support.”
Related Programmes in Defence Insight
ISR Drone (Ukraine Aid) [Netherlands]
Rustem Umerov's visit marked the passing of the £1 billion point (US$1.3 billion) in military support for Ukraine, with eight countries joining the UK in the International Fund for Ukraine (IFU). The UKhas single-handedly contributed £500 million to the fund.
Sir Keir Starmer, the UK's relatively new Prime Minister, announced the IFU's largest support package for Ukraine at the NATO Summit in July including a £300 million contract to supply 152mm artillery shells to supply Ukraine's Soviet-era guns. He also confirmed £3 billion of UK aid for Ukraine per year for “as long as it takes”, even in the face of a reputed“£22 billion black hole”in the UK's public finances which the government said it hasdiscovered since taking office in July. The £3 billion annual donation is thought to be outside the remit of any domestic defence spending cuts announced by the former UK chancellor Jeremy Huntin October last year.
Related Articles
European NATO countries reach average defence spending requirement and renew Ukrainian support
The £300 million artillery shell contract has now been signed and will be expected to deliver thousands of shells before the end of the year.
Denmark, Lithuania, the Netherlands and Norway all confirmed their intent this summer to invest additional money in the Fund tobuy more dronesto help on the frontline, as well as vital air defence capabilities.
UK defence secretary John Healey said: “The ongoing defensive operation in Kursk underlines the crucial importance of continued support and today's milestone for the International Fund for Ukraine shows the value of working with our allies to deliver that support.”
Related Programmes in Defence Insight
ISR Drone (Ukraine Aid) [Netherlands]
