Investors will have the opportunity to create joint ventures with Ukrainian manufacturers.
Denmark wants to create a fund to finance the production of arms in Ukraine. This is what Defense Minister Troels Lund Poulsen said, Bloomberg reports.
According to him, today the production of weapons in Europe and the United States is “too slow”, and Ukraine can arm itself faster if it produces more military equipment at home. Weapons production can reduce delivery times from years to months.
Denmark is already working to direct donations directly to Ukraine’s defense industry and is currently exploring options to raise additional capital.
The Danish government is considering creating a fund before the end of this year. It should combine government and other investment to expand and improve Ukraine’s arms production capacity.
Investors, which may include pension funds and defense companies, will have an ownership stake, access to knowledge and the ability to form joint ventures with Ukrainian manufacturers.
The defense minister also rejected suggestions that the strategy would cost jobs elsewhere, saying it was an opportunity for European arms companies to work with the Ukrainian industry on production and learn from it to improve. their own abilities.
We remind you that Rheinmetall will transfer the Skyranger system to Ukraine for testing in combat conditions.
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.