The Verkhovna Rada adopted two draft laws that would exempt the import of radar systems for security and defense purposes into Ukraine from VAT and customs duties. This was announced by First Deputy Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Yaroslav Zhelezniak. The decision was supported by 323 MPs. “The…
National Army received a new batch of equipment from the European Union under the European Peace Facility (EPF). This is the second batch of assistance from the EPF project, approved for 2021, with a total value of 7 million euros. The first installment was received in May. In 2021, the European Union launched the European…
In 2024, Ukraine plans to spend almost UAH 1.7 trillion on the army, defence and security. The entire UAH 1.575 trillion of taxes paid to the budget by Ukrainians and Ukrainian businesses in 2024 will be used for defence. In addition, the Government will raise funds for defence needs through the placement of military bonds,…
President Volodymyr Zelensky invited American defense companies to cooperate with Ukraine. He said this during a speech at the Ukrainian-American Defense Industries Conference. “I invite all American defense companies to cooperate with Ukraine. I am confident that together we can create a new and powerful arsenal of freedom that will be a reliable assistant for…
In the near future, Ukraine and the German concern Rheinmetall plan to launch the production of armoured vehicles on Ukrainian territory. This was announced by Prime Minister Denys Shmyhal during a Government meeting on December 5. “This is a flagship project to unite the forces of Ukraine and European arms manufacturers to achieve a just…
Ukraine’s Naval Forces will receive from partners a number of cutters to ensure the safety of commercial vessels carrying food products along the Black Sea “grain corridor”, President of Ukraine Volodymyr Zelensky has stated during a joint press conference with the heads of state of Latvia and Switzerland and the head of the government of…
Today, about 200 companies in Ukraine are engaged in the production of drones. Some of them have already set up assembly-line production of the devices, Deputy Prime Minister for Innovation, Education, Science and Technology Development – Minister of Digital Transformation of Ukraine Mykhailo Fedorov has announced. “Today, there are about 200 drone manufacturing companies in…