Ukraine launches state-backed arms export
Photo: Efrem Lukatsky/AP/TT

Ukraine launches state-backed arms export plan to boost defence investment

Ukraine is launching a state framework for arms exports in hopes of bringing in more money in the fifth year of Russia's war of aggression.

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“The government has approved the first transparent mechanism for the export of Ukrainian weapons,” Defence Minister Mykhailo Fedorov announced.

During the year, Kyiv has begun to commercialise its experience in countering Russian attacks by, among other things, sending drone experts to several countries in the Middle East.

In June, President Volodymyr Zelenskyy announced that the country is negotiating defence agreements with around 20 countries.

During the war, Kyiv has been dependent on arms deliveries from allied Western countries but has also developed its own military technology, especially in the area of drones.

Fedorov emphasises that the goal of the export plans is to "attract international investment without downgrading deliveries" to the country's own military.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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