The first GBP 752 million (about USD 1 billion) under the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) initiative from the UK, secured by revenues

Ukraine received $971.56 million from the United Kingdom through the G7 ERA (Extraordinary Revenue Acceleration) initiative. Prime Minister Denys Shmyhal announced that revenues from frozen Russian assets guarantee this amount.

Ukraine has received a first tranche of funds worth about $1 billion from Britain, secured by the proceeds of frozen Russian assets, Prime Minister Denys Shmyhal said on Friday. "The funds will go towards strengthening Ukraine's defence capabilities,

With the Trump administration pausing military aid to Ukraine, there are calls for Canada to help get $300 billion U.S. of frozen Russian assets to Ukraine.

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Prime Minister Denys Shmyhal announced that Ukraine received CAD 1.26 billion from the United Kingdom under the G7 ERA (Extraordinary Revenue Acceleration) initiative. This amount is guaranteed by revenues from frozen Russian assets.

Ukraine will use the funds to strengthen its defense capabilities, Ukrainian officials said. Read also: Ukraine ready to sign resource deal with the US – Shmyhal “I thank the UK government and our G7 partners for the mechanism that ensures Russian assets work for Ukraine,