(Global Trade Review, London, 24 July 2024) The UK and Ukraine have signed an expanded defence pact and an export credit deal for the Ukrainian nuclear energy operator. A Defence Export Support Treaty, signed last week during a visit to London by Ukrainian President Volodymyr Zelenskyy, will allow Kyiv to use part of UK Export Finance’s (UKEF) £3.5bn capacity for Ukraine coverage to purchase military goods and services. The treaty expands on a similar agreement signed in 2021 covering exports to Ukraine’s navy. The text of the document has not been published and it still requires ratification by the UK parliament.
