Military Aid: Ukraine

(asked on 22nd July 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to the £3.5 billion defence export finance deal for Ukraine, announced on 18 July 2024, what percentage of UK- (a) manufactured and (b) originated content will be required for (i) goods and (ii) services purchased under the arrangement to qualify for support.


Answered by
Justin Madders Portrait
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 30th July 2024

More than two years since the illegal invasion of Ukraine, the UK continues to stand resolutely with the Ukrainian people against Russian aggression.

£3.5 billion is the total capacity UK Export Finance (UKEF) has to support transactions with Ukraine. It is already in place for support for eligible transactions, including any future transactions entered into under the new treaty. All transactions are subject to UKEF’s regular due diligence and approvals processes.

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