Danylo Getmantsev, head of the Ukrainian Parliament’s Finance Committee, believes that if parliament approves the Defense City program, Ukraine will be able to fully equip its military with essential weapons. The next step, he said, will be Ukraine’s establishment as…
Category: 9. Business
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The government has allocated ₴300M for the restoration of the Kyiv region.
Russian attacks this year have damaged 957 houses in the capital. The Cabinet of Ministers has set aside ₴300M ($7.3M) from the Fund for the Elimination of the Consequences of Armed Aggression to restore housing and complete shelters in the Kyiv area. This funding will…
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Trump is making preparations for a meeting between Putin and Zelenskyy.
US President Donald Trump announced that he has started putting together a meeting between Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin. The Russian leader confirmed his willingness to meet with Zelenskyy one-on-one and suggested a…
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The issue of security guarantees for Ukraine will be formalized in 7-10 days.
The US has promised assistance in providing the guarantees but has ruled out NATO membership. “The US has given a signal that it will be among the countries that will assist and coordinate and will also be a participant in security guarantees for Ukraine,” President…
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Ukraine has proposed defense deals with the US valued at around $150B in exchange for security guarantees.
Kyiv has proposed to Washington the purchase of roughly $100B in American weapons, which will be supplied by European Allies, in return for US security guarantees for Ukraine after a peaceful resolution of the war with Russia. The specific types of weapons have not yet…
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The US Congress is prepared to impose new sanctions on Russia in the coming weeks.
American lawmakers from both parties have announced their readiness to pass a new package of sanctions immediately after the parliamentary recess, which will last for several more weeks.
These statements followed US President Trump’s meeting with Putin, as well as his…
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The government announced the launch of new grant programs for gunsmiths.
Minister of Digital Transformation Mykhailo Fedorov reported that next week the Brave1 defense cluster will introduce several large grant initiatives. “The first is large grants for explosives manufacturers. We will provide more than ₴100M ($2.38M) for conditional…
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Despite Fico’s friendship with Putin, Slovak companies continue to supply weapons to Ukraine.
Despite the political relationship between Slovak Prime Minister Robert Fico and Russian dictator Putin and Fico’s promises not to provide “a single bullet” to Ukraine, private Slovak defense companies are actively supplying weapons to the front. Last year, the…
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What would Ukraine lose if it hands over the Donbas, which Putin desperately wants?
Currently, nearly all of the Luhansk region and more than half of the Donetsk region are temporarily occupied by Russia. President Zelenskyy insists that Ukraine “will not make the mistakes of the past, when it lost Crimea and part of the Donbas.”
Analysts have…
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The government plans to obtain ₴10B from various sources by the end of 2026 to develop Ukraine’s industrial sector and industrial parks.
As outlined in a draft of the Government Action Program, this will allow for the implementation of 15 projects. One of the Ministry of Economy’s tasks is to create a modern industrial policy focused on increasing domestic production and processing, including in…
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