Britain allocates almost EUR 1.4 bn for Ukrainian navy

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Open source

Ukraine and Great Britain will sign a memorandum on the development of the Ukrainian navy. To memo, London will finance the fleet for almost EUR 1.4 billion, President Volodymyr Zelenskyy said in a video commentary, RBC-Ukraine reports.

Agreement on strategic partnership and trade, as well as a memorandum on the development of the navy would be signed at the meeting with Prime Minister Boris Johnson during Zelenskiy’s state visit to the UK.

“This is an important strategic document […] we will sign this memorandum worth GBR 1.25 billion. We all believed that the navy would appear in Ukraine again and, finally, this is the first such powerful step,” Zelensky said.

He also added that there will be a meeting with the royal family, business and the Ukrainian community.

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