Kiev announces mechanism of controlled weapons export

AI Summary

Ukraine's Prime Minister Yulia Sviridenko announces that a portion of revenues from controlled exports of weapons, components, and finished technologies will finance the Ukrainian defense industry. This mechanism aims to support domestic defense sector development amid ongoing challenges.

"As many as 20% of revenues from the export of finished goods and technologies, and 30% of revenues from component exports will be transferred to a special state budget fund for the development of the Ukrainian defense industry," Ukrainian Prime Minister Yulia Sviridenko said