XM does not provide services to residents of the United States of America.

In show of support, UK's Starmer invites Ukraine's Zelenskiy to attend cabinet



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>In show of support, UK's Starmer invites Ukraine's Zelenskiy to attend cabinet</title></head><body>

LONDON, July 18 (Reuters) -British Prime Minister Keir Starmer will host Volodymyr Zelenskiy at a meeting of his top ministers on Friday, a show of support for the Ukrainian leader who will welcome a new plan to try to disrupt Russia's attempts to evade shipping sanctions.

A day after hosting a forum of European leaders at Blenheim Palace, Starmer pressed on with his bid to raise Britain's role in international affairs by inviting Zelenskiy to address his cabinet. The last foreign leader to do so was U.S. President Bill Clinton in 1997, Starmer's office said.

Zelenskiy will also welcome the launch of a "call to action" against Russia's 600-strong 'shadow fleet' of oil tankers used to break sanctions, officials said.

Starmer is expected to tell the Ukrainian leader that Britain will do more in the coming months to dent Russia's "war machine", including agreeing a new defence export support treaty to help Kyiv draw on export finance.

"Ukraine is, and always will be, at the heart of this government's agenda and so it is only fitting that President Zelenskiy will make a historic address to my cabinet," Starmer said in a statement.

"And alongside our European partners, we have sent a clear message to those enabling (Russian President Vladimir) Putin's attempts to evade sanctions: we will not allow Russia's shadow fleet, and the dirty money it generates, to flow freely through European waters and put our security at risk."

Earlier on Thursday, Britain announced sanctions on 11 vessels used to transport Russian oil.

Britain has been a vocal supporter of Ukraine since Russia's full-scale invasion in 2022, and Starmer swiftly reaffirmed London's commitment to Kyiv after winning a landslide election earlier this month, telling Zelenskiy at NATO while there was a change of government, there was "no change of approach".

The new measures against Russia's so-called "shadow fleet" include plans to share data onthe network of the often older tankers used in shipping Russian oil, so that individual vessels can be identified and action taken against them.

The Defence Export Support Treaty, to be signed by defence ministers, will enable Ukraine to draw on 3.5 billion pounds ($4.5 billion) of export finance, to fire up both Britain's and Ukraine's defence industrial bases and boost production.

Starmer, at NATO last week, re-committed to a pledge by his predecessor, Conservative Rishi Sunak, to deliver 3 billion pounds a year of military support to Ukraine until 2030-31 and beyond if needed.


($1 = 0.7708 pounds)



Reporting by Elizabeth Piper; Editing by Andrew Heavens

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.