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UK to guarantee $500m in lending to Ukra

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Following UK PM Boris Johnson's surprise visit to Ukraine's capital, Kyiv, we're getting more information on additional pledges his government has made to support Ukraine.The UK will guarantee an additional $500m (£384m) in World Bank lending to Ukraine - subject to parliamentary approval - taking its total loan guarantee to $1bn, a Downing Street statement said.The UK will also relax tariffs on most imports from Ukraine to free up trade.This is in addition to the 120 armoured vehicles and new anti-ship missile systems that the UK will provide to Ukraine.The aid is in addition to £100m worth of high-grade military equipment announced on Friday, Downing Street said.In a statement released after the visit, Johnson praised Ukrainian President Volodymyr Zelensky's "resolute leadership and the invincible heroism and courage of the Ukrainian people" for thwarting Russian President Vladimir Putin’s "monstrous aims"."Ukraine has defied the odds and pushed back Russian forces from the gates of Kyiv, achieving the greatest feat of arms of the 21st Century," Johnson said."I made clear today that the United Kingdom stands unwaveringly with them in this ongoing fight, and we are in it for the long run."

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Following UK PM Boris Johnson's surprise visit to Ukraine's capital, Kyiv, we're getting more information on additional pledges his government has made to support Ukraine.The UK will guarantee an additional $500m (£384m) in World Bank lending to Ukraine - subject to parliamentary approval - taking its total loan guarantee to $1bn, a Downing Street statement said.The UK will also relax tariffs on most imports from Ukraine to free up trade.This is in addition to the 120 armoured vehicles and new anti-ship missile systems that the UK will provide to Ukraine.The aid is in addition to £100m worth of high-grade military equipment announced on Friday, Downing Street said.In a statement released after the visit, Johnson praised Ukrainian President Volodymyr Zelensky's "resolute leadership and the invincible heroism and courage of the Ukrainian people" for thwarting Russian President Vladimir Putin’s "monstrous aims"."Ukraine has defied the odds and pushed back Russian forces from the gates of Kyiv, achieving the greatest feat of arms of the 21st Century," Johnson said."I made clear today that the United Kingdom stands unwaveringly with them in this ongoing fight, and we are in it for the long run."

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