Ukraine-UK naval projects still on despite Russian invasion
The UK and Ukraine are continuing to work on a joint project to improve the capabilities of the Ukrainian Navy, Shephard can reveal.
A UK government spokesperson told Shephard: ‘Following the Russian invasion, the UK is supporting Ukraine with both defensive and humanitarian aid.
‘Work on Ukrainian Naval Capabilities Enhancement Projects [UNCEP] continues.’
Under UNCEP, the UK is providing Kyiv with export finance loans to cover the procurement of ships, missiles, and improvements of naval facilities. The value of UK export finance offered to Ukraine for naval projects and other programmes increased to £3.5 billion ($4.65 billion) in December 2021, according to
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