Ukraine to Boost Defense with €1.3 Billion Weapons Production Aid
Ukraine's defense minister announced an upcoming €1.3 billion aid package from allies for weapons production in 2025. The initial funding of €428 million from Denmark, Sweden, Canada, Norway, and Iceland will support the creation of Ukrainian-made artillery, drones, missiles, and anti-tank weapons.
- Country:
- Ukraine
Ukraine is set to bolster its defense capabilities with €1.3 billion in funding for domestic weapons production, expected to commence in 2025. This announcement followed discussions between Ukraine's defense minister and his Danish counterpart.
In the first phase, an initial tranche of €428 million will be provided by allies including Denmark, Sweden, Canada, Norway, and Iceland, as conveyed by Minister Rustem Umerov via the Telegram messaging app.
Minister Umerov indicated that the funds will be used to produce a range of essential military equipment within Ukraine, such as artillery, strike drones, missiles, and anti-tank weapons, to strengthen their army's capabilities.
(With inputs from agencies.)
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