Support for Ukraine Strengthens as EU Readies to Roll Out €90bn Loan

The European Union is set to bolster its support for Ukraine and intensify pressure on Russia through additional sanctions targeting Moscow's "war economy." European Commission Vice President Kaja Kallas announced that a €90 billion loan package for Ukraine is ready for disbursement, with the initial €5.9 billion installment designated for drones this month.

During an informal meeting of EU defense ministers, Kallas indicated that her services proposed over 80 new listings for the upcoming Foreign Affairs Council. These targets include Russia's "military industrial complex, human rights violators, and propagandists." Ministers also explored deepening defense industrial cooperation with Ukraine, particularly in air defense, a critical need for Kyiv. This initiative aims to facilitate the production of Ukrainian systems within the EU and establish European companies in Ukraine.

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As always, a good audience with His Majesty King Charles III of the United Kingdom of Great Britain and Northern Ireland. I thank His Majesty, the people, and the entire United Kingdom for their ironclad support for our people.

These developments coincide with Ukrainian President Volodymyr Zelenskyy's two-day visit to the United Kingdom. He met with King Charles III and held discussions with Prime Minister Keir Starmer, French President Emmanuel Macron, and German Chancellor Friedrich Merz in the E3-Ukraine format. Zelenskyy expressed gratitude for the UK's "ironclad support."

In his meetings, Zelenskyy emphasized Ukraine's need for additional air defense missiles and other critical support to protect energy infrastructure and prepare for winter. He also conferred with U.S. Special Envoys Steve Witkoff and Jared Kushner in Chisinau, discussing the conflict's prospects ahead of the G7 Summit. Zelenskyy later spoke with Macron to coordinate next steps following the London discussions and review details of his talks with the U.S. envoys, stating the importance of reinvigorating diplomacy to hasten the end of Russia's war against Ukraine.

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We must use every available opportunity to reinvigorate diplomacy and bring the end of Russia's war against Ukraine closer. We are preparing for the G7 format in France, and it is important that there be strong results.