UK backs a £3.5 billion aid proposal to help Ukraine rebuild. 

This comes ahead of the UK-Ukraine Infrastructure Summit, which will be held in London. Representatives from Ukraine, as well as major business executives, will attend the high-level meetings, which will focus on how the international community can help Ukraine recover after the conflict.

UK backs a £3.5 billion aid proposal to help Ukraine rebuild. 

Anne-Marie Trevelyan will sign a Memorandum of Understanding (MoU) with Ukraine. This will show that the UK is still committed to doing more work on rebuilding in the future.

The MoU is also likely to set up a new joint task force to help rebuild Ukraine’s infrastructure by making it easier for UK and Ukrainian businesses to work together.

UK Export Finance, which is the UK’s export credit agency, has said that it will continue to help Ukraine’s economy with £3.5 billion in loans.

This assistance, according to the government, would help Ukraine pay for its reconstruction projects and provide UK exporters and Ukrainian customers with the financial resources they need to trade properly.

Ms Trevelyan condemned the damage to Kyiv as “heartwrenching” in a statement released prior to the summit.

She continued, “Throughout this, the great people of Ukraine have shown immeasurable strength and courage, and we stand with them in hope of a brighter future.”

“That is why it is important to talk about a post-conflict Ukraine, and today we are making our commitment clear to help it rebuild in peace.”

“Our world-class infrastructure and energy companies, along with businesses in fields like transport, healthcare, and agriculture are not just well-placed to support the immediate humanitarian response, they are in a strong position to play a part in Ukraine’s longer-term reconstruction too.”

“Together, we can help Ukraine to build back better, stronger and greener.”

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