Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Sunak Pledges $3 Bln in Loan Guarantee for Ukraine


Wed 21 Jun 2023 | 05:40 PM
Rishi Sunak to Join Rally for Conservative Leadership
Rishi Sunak to Join Rally for Conservative Leadership
Nada Mustafa

British Prime Minister (PM) Rishi Sunak announced his country's intention to support Ukrainian economy with about $ 3 billion in loan guarantees over 3 years.

In his speech at London Conference for Reconstruction of Ukraine, Sunak added that more than 400 companies from 38 countries will participate in the reconstruction of Ukraine, stressing his country's determination to continue supporting Ukraine's defenses and counterattack, pledging to stand by Ukraine no matter how long it takes. 

Moreover, he stressed that Russia must pay for the destruction it caused in Ukraine, so his country is working with allies to find legal ways to use Russian assets.