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Keir Starmer has announced the UK is entering talks with the EU to join a €90bn loan scheme for Ukraine during a summit in Armenia. The move aims to support Ukraine's defense needs, create jobs in the UK, and improve UK-EU relations post-Brexit. British firms could gain access to defense contracts funded by the loan, marking a step toward deeper UK-EU cooperation.
- ▪Keir Starmer announced UK participation talks in the EU’s €90bn loan for Ukraine at the European Political Community summit in Yerevan.
- ▪The loan became possible after Hungarian Prime Minister Viktor Orbán, who had previously blocked it, was removed from office.
- ▪UK involvement could allow British defense companies to access major contracts funded by the loan.
- ▪The initiative aligns with Starmer’s push to strengthen UK-EU defense and security cooperation after Brexit.
- ▪The government did not confirm reports of a potential £1bn annual payment to the EU for closer market access.
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03.40 EDTGood morning. In the UK many MPs will be spending the bank holiday campaigning for the elections on Thursday, but Keir Starmer is in Armenia, where he has announced that he wants the UK to join the EU’s €90bn (£78bn) loan for Ukraine.Starmer is attending a European Political Community summit in Yerevan. The EPC is the group set up four years ago comprising all the EU countries, plus almost all the other European countries that are not EU members. Mark Carney, the Canadian PM, is also attending (on the grounds, presumably, that in the light of the geopolitical upheavel caused by Donald Trump, the Canadians now count as honorary Europeans.)The €90bn loan for Ukraine is the one that has been long talked about, but which only became possible after Viktor Orbán, the pro-Russian…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.