“Umyerov – EU: Ukraine needs €18 billion in funding to develop the defense industry Minister of Defense Umyerov announced the possibility of achieving a production potential of €34 billion in 2025. This requires €18 billion in funding, technology transfer and partnerships with European companies.”, — write on: unn.ua
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“The EU should strengthen its role in establishing a just peace on the continent,” Umierov emphasized.
He indicated that the EU’s main security priority in 2025 is to increase investments in the production of military equipment, in particular: air and missile defense systems, armored vehicles, and modern artillery systems.
Ukraine has already made significant progress in building its own defense industry, but we are capable of doing even more. In 2025, our production potential may amount to 34 billion euros. However, this requires support: financing in the amount of 18 billion euros (Ukraine is able to provide 16 billion on its own); transfer of military technologies; partnerships with European companies
At the same time, the minister expressed gratitude to the EU for the decision “to direct 1 billion euros of revenues from frozen Russian assets to support Ukrainian production.” “These funds will be used for priority needs: ammunition, artillery and drones,” he said.
“Supporting Ukrainian defense production is a strategic contribution to the security of Europe. Joint efforts, strong decisions and coordination will help make 2025 a year of just peace for Ukraine and all of Europe,” Umyerov noted.
We will remind
The Minister of Defense of Ukraine met with the Chief of Defense Staff of Canada to discuss security priorities. The parties considered the issue of the supply of weapons and the production of Ukrainian drones according to the “Danish model”.