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Macron offers "concrete security guarantees" to Russia.

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Max Hunder

Business reporter, editor

Max Hunder is a business reporter at the Kyiv Independent. He previously worked as a business reporter at the Kyiv Post focusing on infrastructure and energy. He is a graduate of Eton College and University College London, and has reported for international publications from London, Kyiv and Yerevan.

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In a closed-door briefing with journalists, Rustem Umerov, Secretary of the National Security and Defense Council, and Oleksandr Kamyshin, an advisor on Strategic Industries to the President's Office, said that the current production capacity (for this year) of the Ukrainain defense industry is around $35 billion per year.

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