President Vladimir Zelensky announced the creation of the Alliance of Defense Industries and the establishment of a special Defense Fund.
Source: Zelensky in his speech at the first International Forum of Defense Industries in Kyiv
Direct speech: “Today on this forum we announce the creation Defense Industries Alliance. An alliance that values international law and knows how to work for the real protection of international law. Security protection – I’m talking not only about Ukraine, but also about security from aggression of any nation in the world.
We have developed a corresponding basic declaration as the basis of the Alliance, and it can be joined by manufacturers of weapons and military equipment from around the world who share our commitment to provide real protection against aggression in these risky conditions of our time. Today, at the start, this declaration has already been signed by 13 outstanding companies that are ready, together with Ukraine, to build a new arsenal of the free world.”
Details: The President also announced that Ukraine is developing special economic regime for the military-industrial complex.
In addition, Zelensky said that a special defense fundwhich will provide additional resources, in particular, to develop military production and support related cooperation, to create new military facilities and programs that are needed for defense and to care for Ukrainian soldiers.
“The fund’s resources are a plus to government spending on defense, defense production and private investment. The fund will be filled from dividends from state defense assets and profits from the sale of confiscated Russian assets,” he said.
According to Zelensky, the defense industries forum in Kiev represents 252 defense companies that produce a full range of weapons and defense systems and solutions from more than 30 countries in Europe, America, Asia and Australia.
2023-09-30 07:05:06
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