Ukraine has launched a state mechanism to export its weaponry, aiming to raise funds for its defense industry while prioritizing its own military needs. This move allows partner countries to purchase Ukrainian weapons and technologies directly from manufacturers.
This initiative allows Ukraine to monetize its growing defense industry and secure funding for its war effort, while also strengthening military ties with international partners and potentially influencing global arms markets.
Ukraine has established a new state mechanism to export its weaponry, a move aimed at generating revenue for its defense industry amid the ongoing conflict with Russia. Defense Minister Mykhailo Fedorov announced the approval of this transparent system, which will enable partner countries to directly purchase Ukrainian weapons and technologies.
Fedorov emphasized that exports will only be permitted if Ukraine's own military supply needs are guaranteed, stating that permission may be withheld if the state requires specific weapons. This initiative comes as Ukraine seeks to leverage its combat experience and technological advancements, particularly in drone and counter-drone systems, to attract international investment and partnerships.
President Volodymyr Zelenskyy has been actively pursuing defense agreements with numerous countries, reportedly engaging with around 20 nations. Ukraine has already dispatched military experts to the Middle East, demonstrating its capabilities to countries like Saudi Arabia, the United Arab Emirates, and Qatar, with whom it has signed 10-year cooperation agreements. Talks are also underway with Oman, Kuwait, and Bahrain.
Ukraine's domestic arms producers, numbering approximately 800, have been pushing for the lifting of export restrictions to generate more revenue, especially as many have ramped up production to a significant surplus. Reports indicate Ukraine is currently producing over 4 million drones annually and has the potential to double this output with adequate funding.