The confiscation of Russian assets will help Ukraine to finance the war at least until the end of 2028. Despite the support from the US, Ukraine needs a medium-term financing plan to repel Russian aggression, and the main source of this financing must be Russia’s frozen assets. There is a high chance th... #RussianAssets #RussianAssetsConfiscation #UkraineBudget2024 #UkraineDefensePurchases #WarinUkraine
Ukraine has only $6B of budget funds for defense purchases. In 2024, Ukraine has $6B to purchase weapons, particularly from domestic manufacturers, said Oleksandr Kamyshin, Minister of Strategic Industries. As he clarified, the entire defense budget for the cu... #AlexanderKamyshin #DefenseIndustryUkraine #UkraineDefensePurchases #WeaponsforUkraine #WeaponsUkraine
The EC reveals the details of the EU’s defense strategy. Vice President of the European Commission Margrethe Vestager said the new system should allow the EU to move from a crisis response regime to a structural defense readiness regime that closely integra... #DefenseIndustryEU #MargretheVestager #UkraineDefensePurchases #WeaponsProduction
The EU will conduct joint defense purchases and include Ukraine. On Tuesday, MEPs supported a decision to strengthen the European defense industry through general procurement (EDIRPA). The new regulation establishes a temporary instrument that will be valid until D... #EDIRPA #EUdefense #EUparliament #UkraineDefensePurchases
Ukraine’s defense purchases will be made according to NATO standards. As reported by the Ministry of Defense of Ukraine, a single national Defense Procurement Agency will procure weapons and military equipment. Within the limits of the provided funds, the agency will ma... #NATOstandards #OleksiyReznikov #UkraineDefensePurchases #UkraineNATO