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The Verkhovna Rada (Ukrainian Parliament) passed a law in its entirety on 4 February, ratifying an agreement between the governments of Ukraine and the United Kingdom on official credit support for the development of the state’s defence capabilities.
Source: European Pravda with reference to the website of the Verkhovna Rada
Details: On 4 February, 245 MPs supported the ratification of the Framework Agreement between Ukraine and the United Kingdom on official credit support for the development of Ukraine’s defence capabilities.
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This agreement provides funds for the organisation of repair bases for military equipment and other weapons.
Background:
- In July, Ukrainian and UK Defence Ministers Rustem Umierov and John Healey signed a framework agreement providing for a £2 billion loan to finance Kyiv’s defence needs.
- The agreement is intended to provide financial support to strengthen Ukraine’s defence capabilities, including “the purchase of modern weapons, military equipment and other defence equipment in accordance with NATO standards”.
- On 16 January, Ukraine and the UK signed a historic Centenary Partnership Agreement to deepen security ties and strengthen the partnership for future generations.
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