Prime Minister Keir Starmer announced in Armenia that Britain will open talks with the European Union about joining a €90 billion loan scheme for Ukraine. Starmer backs the deal because it would allow British firms to access contracts funded by the EU loan.
Starmer made the announcement at the European Political Community summit in Armenia. Downing Street noted that he became only the second British prime minister to visit the country, following Margaret Thatcher's 1990 visit.
The loan represents a significant financial commitment to Ukraine's reconstruction and economic stability. By participating, the UK aims to both support Ukraine's recovery and create commercial opportunities for British businesses competing for EU-funded contracts.
The move signals continued British engagement with Ukrainian aid efforts despite Brexit. Parliament will vote on elections Thursday, though Starmer addressed this international commitment while many MPs campaign at home.