Question to the Department for International Trade:

To ask Her Majesty's Government how much money they are lending to the government of Ukraine to buy UK military equipment; and what assessment have they made of the likelihood of British taxpayers being repaid that loan.

As part of a cross-Whitehall effort to support the £1.7bn Ukraine Naval capabilities Enhancement programme (UNCEP), UK Export Finance (UKEF) has committed to provide a £750m direct government-to-government loan, as well as guarantees to support lending for the remainder of the financing.

UKEF is open for cover in Ukraine and as is the case for all transactions, will charge a fee for the provision of guarantees or direct lending that reflects the risks involved.