11 November 2024
The Defense Forces will receive long-range drones, antitank missile systems, missiles and artillery units produced in Ukraine by the end of 2024. This is envisaged by agreements with Denmark on support for the Ukrainian defense industry for 4.2 billion Danish kroner (629 million dollars)
This was reported by RBC-Ukraine with reference to the press service of the Ministry of Strategic Industries of Ukraine .
In particular, 1.3 billion Danish kroner is money from the Danish state budget, and 2.9 billion is interest from frozen Russian assets, which Denmark manages on behalf of the EU.
The Ministry of Strategic Industries of Ukraine and the Ministry of Defense of Ukraine have concluded a number of relevant implementation agreements with the Ministry of Defense of Denmark.
“Denmark has long been one of Ukraine’s biggest supporters, and we will continue to do so. But if we want to support Ukraine in the long term, it is very important that we support the Ukrainian defence industry directly,” said Danish Defence Minister Troels Lund Poulsen.
He said he was pleased to see that the “Danish model” was now in place, “and that we are funding much-needed equipment in close cooperation with Ukraine that could be delivered within a few months.”
As Deputy Minister of Defense of Ukraine Dmitry Klimenkov noted, Denmark was the first to begin purchasing weapons directly from our defense enterprises.
“As a result of the agreements, Ukrainian manufacturers of weapons and equipment – both state and private – will purchase self-propelled artillery units, attack drones, anti-tank weapons, and missile weapons for the Ukrainian Armed Forces by the end of 2024,” said Gleb Kanevsky, Director of the Defense Ministry’s Procurement Policy Department.
Let us recall that the EU has decided to transfer the income from frozen Russian assets to help Ukraine. The funds will be sent through the European Peace Fund and the Ukraine Fund to strengthen Ukraine’s military potential and help restore the country.
Euroclear made its first payment of €1.55 billion to the Ukraine bailout fund in the summer. The clearing house holds €173 billion linked to sanctioned Russian assets, including frozen assets of its central bank.
https://www.rbc.ua/ukr/news/zsu-otrimayut-dalekobiyni-droni-ta-raketi-1731317461.html
“But if we want to support Ukraine in the long term, it is very important that we support the Ukrainian defence industry directly,”
This is a good concept. This not only assures the country getting what it needs, but does so much more quickly than having equipment transported from elsewhere, traveling miles of railroads and highways and battling red tape. And, it helps the country’s economy.