Ukraine secures £1.25 billion from UK to build military vessels

FILE PHOTO: Ukrainian President Volodymyr Zelenskiy applauds during a ceremony to celebrate Ukraine's Independence Day, in Kyiv, Ukraine August 24, 2020. REUTERS/Valentyn Ogirenko

KYIV (Reuters) - Ukraine will sign a memorandum with the United Kingdom, securing 1.25 billion pounds ($1.61 billion) to build new military vessels for the Ukrainian Navy, President Volodymyr Zelenskiy said on Wednesday.

The memorandum would be signed during Zelenskiy's state visit to the UK on Oct. 7-8.