Washington’s involvement may also help mitigate political opposition in Europe, while giving the U.S. strategic visibility over future Russian energy flows, sources told Reuters.
The agreement, signed on April 30, establishes a joint investment fund between Kyiv and Washington and grants the U.S. special access to projects developing Ukraine's natural resources.
Ukraine is considering moving away from the U.S. dollar and closer to the euro as a benchmark for the hryvnia, National Bank Governor Andrii Pyshnyi told Reuters.
President of Ukraine Volodymyr Zelensky speaks during a joint press conference with Prime Minister of Denmark Mette Frederiksen (not pictured) on Sept. 6, 2023 in Kyiv, Ukraine.(Yan Dobronosov/Global Images Ukraine via Getty Images)
Ukraine is continuing to prepare a forum that will bring together defense industry representatives from around the world, President Volodymyr Zelensky said in a statement.
According to him, 86 defense contractors from 21 countries have confirmed that they would be participating in the event, which will take place this fall.
"Our task is obvious, - to give Ukraine all the opportunities it needs to produce weapons and ammunition, and to provide modern technologies to have reliable protection against any form of aggression."
"And, apart from that, to spread our experience... of Ukrainian defense among allies and partners."
Before the full-scale invasion, Ukraine was a major arms exporter, 12th in the world in 2019, according to the Stockholm International Peace Research Institute.
We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.
Francis Farrell
