KYIV (Reuters) – Ukraine has received a first tranche of funds worth about $1 billion from Britain, secured by the proceeds of frozen Russian assets, Prime Minister Denys Shmyhal said on Friday. “The funds will go towards strengthening Ukraine’s defence capabilities,” Shmyhal said. “We expect all sovereign assets of the Russian Federation to be confiscated […]
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Ukraine gets first funds from UK secured by Russian frozen assets, Kyiv says
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KYIV (Reuters) – Ukraine has received a first tranche of funds worth about $1 billion from Britain, secured by the proceeds of frozen Russian assets, Prime Minister Denys Shmyhal said on Friday.
“The funds will go towards strengthening Ukraine’s defence capabilities,” Shmyhal said. “We expect all sovereign assets of the Russian Federation to be confiscated and transferred to benefit our country in the future.”
(Reporting by Yuliia Dysa, Olena Harmash; Editing by Andrew Cawthorne)