After years of accepting the donation of foreign weapons and ammunition, the Ukraine government on Wednesday announced a “transparent” wartime arms export framework of its own to raise defense funds as Russia’s invasion enters its fifth year.
The mechanism, Ukrainian government officials detailed, aim to “attract international investment” while maintaining the supply of the nation’s army as the priority. The framework also aims to secure long-term growth goals for the nation’s weapons industry.
Under the terms of the export mechanism, 20 percent the revenue from the export of finished defense products and technologies, and 30 percent of the…
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