Ukraine, UK Work On Funding Ukrainian Defense Through Frozen Russian Assets Fedorov
"I held a meeting with UK Chancellor of the Exchequer Rachel Reeves. I urged the swift unblocking of funding under the ERA program and the allocation of funds from frozen Russian assets to support the Defense Forces. For us, there are three consistent priorities: air defense, long-range munitions, and Ukrainian drones. These are what should receive priority funding from partners today," Fedorov said.
He added that he briefed Reeves on Ukraine's AIR-LAND-ECONOMY strategy and defense procurement reform.
"Ukraine is transitioning to open competitive procedures to use budget funds more efficiently and direct more financing to the Defense Forces," he said.
Read also: UK to allocate £290M to support UkraineAccording to Fedorov, particular attention was paid to strengthening Ukraine's air defense. Ballistic missiles and guided aerial bombs remain among the biggest challenges, making continued missile deliveries under the PURL initiative critically important. The discussion also focused on strengthening sanctions against Russia, including countering its "shadow fleet," which helps bypass restrictions and finance the war.
Fedorov thanked the United Kingdom for its consistent support, leadership, and readiness to assist Ukraine across key defense priorities.
UK Chancellor of the Exchequer Rachel Reeves visited Kyiv on June 28.
Photo credit: Mykhailo Fedorov / Telegram
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