Ukraine hosts a defense industry forum seeking to ramp up weapons production for the war

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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

KYIV, Ukraine — Ukraine hosted an international defense industry conference as part of a government effort to ramp up weapons production within the country to repelThe 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.

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., 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.

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.

 

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