Current:Home > MyUkraine hosts a defense industry forum seeking to ramp up weapons production for the war -MoneyTrend
Ukraine hosts a defense industry forum seeking to ramp up weapons production for the war
View
Date:2025-04-19 20:34:46
KYIV, Ukraine (AP) — Ukraine hosted an international defense industry conference as part of a government effort to ramp up weapons production within the country to repel Russia’s full-scale invasion and reduce foreign dependence on arms deliveries.
The event marked a new development in support of Ukraine, with the previous focus being on the delivery of weapons, repair of damaged equipment and military training of Ukrainian soldiers.
President Volodymyr Zelenskyy, speaking at the opening of the International Defense Industries Forum, said that around 250 defense companies from more than 30 countries had gathered Friday in Kyiv. Defense ministers and representatives of several countries also attended the event.
“Heroism alone cannot intercept missiles. Ukraine needs capabilities, high quality, high quantity, and quickly. There is no defense without industry,” said NATO Secretary General Jens Stoltenberg, who spoke by video link during the forum on the day after his visit to Kyiv.
Stoltenberg said that Wendy Gilmour, who is NATO’s assistant secretary general for defense investments, was representing the trans-Atlantic alliance at the event.
Stoltenberg acknowledged that many allies have significantly depleted their stocks in order to support Ukraine. “This was the right thing to do, but now we need to ramp up production, both to meet Ukraine’s needs and to ensure our own deterrence in events,” he said.
Zelenskyy disclosed the details of his recent trip to Washington, where he agreed with U.S. President Joe Biden on “the establishment of a new industrial ecosystem that will strengthen both Ukraine and all the partners.” Zelenskyy described it as “one of the key outcomes” of his negotiations with Biden in Washington.
Zelenskyy’s chief of staff, Andriy Yermak, said that there will be meetings soon with representatives from the U.S. “to determine the road map of cooperation with the partners about localization of production, specifically in Ukraine.”
During the forum, Zelenskyy announced the creation of the Defense Industries Alliance and added that 13 defense companies have already signed the corresponding declaration.
To support the cooperation and develop an industry complex, Ukraine plans to establish a special fund, which will be paid into through dividends from state defense resources and profits from the sale of confiscated Russian assets, Zelenskyy said.
Foreign Minister Dmytro Kuleba said the first talks about joint production with allies began last fall. “At first, we were talking about repairs within Ukraine, and then about joint production. And now, this topic is prevalent everywhere,” said Kuleba.
According to Kuleba, in discussions with the partners, there is also a tremendous interest in the experience and production capabilities of Ukrainian businesses.
“Just as we have benefited from Western weapons, Western arms manufacturers also gain unique advantages in the market to improve their models and create even more powerful weapons,” Kuleba said.
Ukraine’s recently appointed Defense Minister, Rustem Umerov, said the country must do everything possible to produce all the necessary military services and products in Ukraine for the needs of its army. The other priority is the development of defense technologies that now play an important role on the battlefield.
“Our vision is to develop world-class military products,” Umerov said.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
veryGood! (7897)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- National MS-13 gang leader, 22 members indicted for cold-blooded murders
- Maine Town Wins Round in Tar Sands Oil Battle With Industry
- Kate Spade 24-Hour Flash Deal: Get This $460 Tote Bag for Just $109
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Arctic Report Card 2019: Extreme Ice Loss, Dying Species as Global Warming Worsens
- We Finally Know the Plot of Margot Robbie and Ryan Gosling's Barbie
- Exxon Reports on Climate Risk and Sees Almost None
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Climate Tipping Points Are Closer Than We Think, Scientists Warn
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Jacksonville Plays Catch-up on Climate Change
- More ‘Green Bonds’ Needed to Fund the Clean Energy Revolution
- Elliot Page Grateful to Be Here and Alive After Transition Journey
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Individual cigarettes in Canada will soon carry health warnings
- Ulta 24-Hour Flash Deal: Get a Salon-Level Blowout and Save 50% On the Bondi Boost Blowout Brush
- Kim Zolciak Shares Message on Manipulation and Toxic Behavior Amid Kroy Biermann Divorce
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Doctors rally to defend abortion provider Caitlin Bernard after she was censured
Amazon sued for allegedly signing customers up for Prime without consent
She writes for a hit Ethiopian soap opera. This year, the plot turns on child marriage
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Mama June Reveals What's Next for Alana Honey Boo Boo Thompson After High School Graduation
With Giant Oil Tanks on Its Waterfront, This City Wants to Know: What Happens When Sea Level Rises?
National MS-13 gang leader, 22 members indicted for cold-blooded murders