The United Kingdom is preparing to open negotiations with the European Union to join its €90 billion (£78 billion) loan programme aimed at supporting Ukraine, marking a significant step in strengthening post-Brexit ties with the bloc.Prime Minister Sir Keir Starmer is expected to outline the UK’s intentions at the European Political Community (EPC) summit in Armenia, attended by dozens of European leaders.Speaking ahead of the summit in Yerevan, Starmer emphasised that closer cooperation with European partners is essential in “volatile times,” particularly to bolster Ukraine’s defence capabilities and maintain pressure on Russia.
Boost for Ukraine and UK Industry
The EU-approved package, designed to support Ukraine over the next two years, will allocate nearly two-thirds of the funds towards military assistance, with the remainder aimed at broader financial stability.The UK’s potential participation is seen as a dual opportunity—strengthening Kyiv’s war effort while opening doors for British defence firms to secure contracts under the scheme.Starmer highlighted that involvement would not only help Ukraine secure critical equipment but also generate jobs and economic opportunities within the UK.
Fresh sanctions on Russia planned
Alongside the loan discussions, the UK government is set to announce additional sanctions targeting Russian companies. These measures are intended to disrupt military supply chains and increase economic pressure on Moscow as the conflict continues into its fifth year.
Diplomatic engagement in Armenia
On the sidelines of the summit, Starmer held talks with Ukrainian President Volodymyr Zelensky, reaffirming Britain’s commitment to supporting Ukraine.The EPC gathering, which includes leaders from across Europe and beyond, is also expected to address broader geopolitical concerns, including tensions in the Middle East and security in the Strait of Hormuz.
Part of wider EU reset strategy
The move to join the EU loan initiative forms part of the UK government’s broader effort to “reset” relations with Europe. While Starmer has stressed that this does not signal a reversal of Brexit, he has acknowledged the need for closer economic and security cooperation with the bloc.Negotiations on the UK’s participation are expected to unfold in the coming weeks, with another UK-EU summit planned later this year.Domestically, the proposal has drawn criticism from opposition parties. Conservative leaders have expressed concerns over defence spending priorities, while also questioning broader plans that could align the UK more closely with EU regulations.The development comes just days before local elections, where voters are set to deliver an early verdict on the government’s policy direction.
