The agreement aims to boost Ukraine's defense capabilities amid ongoing conflict with Russia.
Ukraine has entered into a loan agreement with the United Kingdom, specifically aimed at bolstering weapons production within Ukraine.
President Volodymyr Zelenskyy announced the agreement during a meeting with UK Prime Minister Keir Starmer, highlighting that the funds will be used to enhance Ukraine's defense against ongoing Russian aggression.
Zelenskyy declared that the loan would be repaid using revenues derived from frozen Russian assets, underscoring the principle that those who initiated the conflict should bear the financial responsibility for its consequences.
The President praised the UK for its 'tremendous' support since the beginning of the war, expressing gratitude for the strategic partnership shared between the two nations.
Zelenskyy's discussions with UK leaders included topics such as the challenges facing Ukraine and Europe, as well as joint strategies to strengthen Ukraine's position.
In addition to his meeting with Starmer, Zelenskyy is scheduled to meet King Charles III on Sunday.
These discussions in the UK follow a contentious meeting between Zelenskyy, US President
Donald Trump, and Vice President JD Vance in Washington, D.C., where differing expectations regarding support for Ukraine were expressed.