Russian assets finance the production of Ukrainian weapons - military observer.
Ukrainian weapons are financed by dividends from frozen Russian assets in the European Union. This is because some of these assets are located in the EU and the USA, and the profits from them finance the Ukrainian military-industrial complex (MIC). Currently, Denmark, France, and Estonia plan to invest in Ukrainian weapons production. This route was chosen due to the growth of Ukrainian MIC production and the lack of funding.
Ukraine receives investments because Europe cannot quickly ramp up its military-industrial complex to the necessary level to support the front in Ukraine. The production capacities of EU countries will also continue to help Ukraine: in the Czech Republic, armored vehicles are being repaired, and the Baltic countries are providing drones to the Armed Forces of Ukraine.
The development program of the Ukrainian MIC in cooperation with weapons manufacturers in the European Union will allow Ukrainian producers to transition to NATO standards. This means the integration of the Ukrainian MIC into processes on the European continent, including relevant production standards, modernization of machines and equipment, and improvement of personnel skills. Thus, a program of comprehensive modernization of the Ukrainian MIC's work has been launched.
Read also
- American parts found in North Korean missiles used by Russia to attack Ukraine — CNN
- ISW revealed how Putin thanked Kim Jong-un for DPRK troops
- Prices vary: how much petrol, diesel and autogas cost in Odesa and Lviv regions
- The Times: Zelensky and Putin prepare for peace talks under Trump's auspices - details of possible compromises
- Ukraine is not a testing ground: Zelensky urged partners to strengthen air defense due to massive attacks
- The Washington Post: A hasty peace agreement regarding Ukraine could have dangerous consequences for the whole world