At the beginning of the two-day Ukraine recovery conference in London, Sunak will outline a package which will also include 240 million pounds ($306 million) of bilateral assistance and an expansion of British International Investment in Ukraine.
"I'm proud that today we're announcing a multi-year commitment to support Ukraine's economy, and over the next three years, we will provide loan guarantees worth $3 billion."
The United States is also expected to set out "a new, robust" assistance package for Ukraine on Wednesday.
His office said he would also launch the London Conference Framework for War Risk Insurance at the summit and that some major companies had already signed up to the so-called Ukraine Business Compact, a statement of support for Ukraine's recovery.
($1 = 0.7851 pounds)Reporting by Elizabeth Piper Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.
Persons:
Volodymyr Zelenskiy, Rishi Sunak, Sunak, Ajay Banga, Elizabeth Piper, Alexandra Hudson
Organizations:
British, Presidential Press Service, REUTERS, Bank, British International Investment, World Bank Group, Ukraine, Wednesday, Insurance, World Bank, European Commission, United Nations, Alexandra Hudson Our, Thomson
Locations:
Hiroshima, Japan, Ukraine, London, Britain, Russia, United States, Ukrainian