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UK allocates $1.3 billion in revenue from Russian assets to aid Ukraine

UK allocates $1.3 billion in revenue from Russian assets to aid Ukraine Photo: British Defense Minister John Healey (Getty Images)
Author: Liliana Oleniak

Over $1.3 billion in revenue from frozen Russian assets went to military aid for Ukraine. With this money, the UK purchased ammunition, missiles, and drones, signing new defense contracts, according to the British government.

During his visit to Kyiv on September 3, British Defense Minister John Healey said that funds from frozen Russian assets had financed more than £1 billion in military aid to Ukraine.

This money was used to purchase hundreds of thousands of artillery shells, hundreds of missiles for air defense systems, spare parts, and to sign new contracts for the maintenance and repair of equipment.

Review of defense readiness

In Kyiv, Healey emphasized that the UK is reviewing the readiness level of its Armed Forces and accelerating funding to be prepared for a possible deployment in Ukraine.

The Ministers also discussed the composition of multinational forces and tactical details for strengthening operations in the air, at sea, and on land.

Results of 50-day campaign

During his visit, the British Minister met with the Defense Minister of Ukraine, Denys Shmyhal. They discussed the strengthening of military support from London in recent weeks.

Earlier, Healey called on allies to join a 50-day campaign to speed up deliveries of critical weapons and ammunition. During this time, the UK has provided Ukraine with:

  • 4.7 million rounds of small arms ammunition;
  • 60,000 artillery shells, rockets, and ammunition;
  • Over 2,500 drones;
  • Over 200 electronic warfare systems;
  • 100 light weapons;
  • 30 vehicles;
  • Additional equipment for countering drones and air defense.

"The UK is stepping up our military support to help Ukraine defend itself in today’s fight against Putin’s illegal invasion, while working hard to secure peace tomorrow through the Coalition of the Willing," Healey said.

He also noted the growing cooperation between the defense and industrial sectors of Ukraine and the UK. This partnership is developing within the framework of a 100-year cooperation agreement signed in January.

Earlier, London decided to transfer 350 ASRAAM air defense missiles to Ukraine at the expense of frozen Russian assets.

In addition, this year Britain is investing £350 million ($472 million) to increase drone deliveries to Ukraine to 100,000 units.

The British Ministry of Defense also announced that the Interflex program, which combines combat and leadership training for Ukrainian military personnel, will be extended until at least the end of 2026.