Denmark to buy weapons for Ukraine’s army from Ukrainian manufacturers

Source: Ukraine’s ministry of strategic industry

On April 16, the Kingdom of Denmark announced the allocation of 200 million Danish kroner ($28.5 million) for the purchase of weapons and military equipment for the Armed Forces of Ukraine from Ukrainian manufacturers.

These funds are provided within the new aid package for Ukraine.

In total, approximately 2.2 billion Danish kroner (about 295 million euros) were allocated.

This is the first and unprecedented decision when military equipment for the Defense Forces of Ukraine are purchased from Ukrainian manufacturers at the expense of another country.

This decision is extremely important both for the Ukrainian army and for the Ukrainian economy. The production capacity of Ukraine’s defense industry significantly exceeds the purchasing capacity of the state budget.

‘The capacity of the Ukrainian defense industry is about $20 billion. At the same time, Ukraine has only $6 billion for the purchase of weapons,’ minister Oleksandr Kamyshin explained.

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