World

Ukraine’s state arms producer opens office in Washington

2024.07.09 13:29

(Reuters) – Ukraine’s state-owned arms manufacturer Ukroboronprom has opened its first foreign office in Washington as Kyiv seeks to work more closely with allies to step up weapons production and counter Russia’s invasion.

“Its main task is to promote joint US-Ukrainian defense projects and enhance our integration into NATO’s defense industrial base,” strategic industries minister Oleksandr Kamyshin said on X, referring to the office which opened on Tuesday.

Following Russia’s full-scale invasion in 2022, Ukraine has sought to build up its domestic armaments sector and urged allies to agree joint ventures, invest in Ukrainian businesses, and place orders for Ukrainian weapons.

© Reuters. FILE PHOTO: Oleksandr Kamyshin, Minister for Strategic Industries of Ukraine attends the Recovery Forum of the Ukraine Recovery Conference 2024 in Berlin, Germany, June 11, 2024.  REUTERS/Annegret Hilse/File Photo

Ukraine’s defence sector, held back for decades by under-investment, red tape and corruption, is trying to compete with Russia’s far more advanced arms industry and higher budget.

Last year, Kyiv agreed with two U.S. firms to jointly manufacture vital 155mm artillery shells in Ukraine, according to Kamyshin, although production was not expected to start for at least two years.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 88,759.78 4.14%
ethereum
Ethereum (ETH) $ 2,507.16 0.80%
tether
Tether (USDT) $ 0.999257 0.09%
xrp
XRP (XRP) $ 2.33 1.77%
bnb
BNB (BNB) $ 625.59 2.01%
solana
Solana (SOL) $ 144.69 1.34%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.212308 0.94%
cardano
Cardano (ADA) $ 0.690233 0.51%
staked-ether
Lido Staked Ether (STETH) $ 2,503.70 1.15%
tron
TRON (TRX) $ 0.2315 4.78%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 88,653.75 4.15%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,996.21 1.85%
chainlink
Chainlink (LINK) $ 15.39 0.53%
sui
Sui (SUI) $ 2.96 2.80%
avalanche-2
Avalanche (AVAX) $ 22.06 0.77%
stellar
Stellar (XLM) $ 0.296624 0.90%
the-open-network
Toncoin (TON) $ 3.56 4.00%
litecoin
Litecoin (LTC) $ 115.33 0.43%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 3.16%
leo-token
LEO Token (LEO) $ 8.99 2.73%
hedera-hashgraph
Hedera (HBAR) $ 0.197563 1.45%
usds
USDS (USDS) $ 0.999955 0.44%
mantra-dao
MANTRA (OM) $ 7.71 4.22%
weth
WETH (WETH) $ 2,507.38 0.74%
polkadot
Polkadot (DOT) $ 4.69 5.55%
hyperliquid
Hyperliquid (HYPE) $ 20.20 0.15%
ethena-usde
Ethena USDe (USDE) $ 0.99931 0.19%
bitcoin-cash
Bitcoin Cash (BCH) $ 293.08 0.08%
bitget-token
Bitget Token (BGB) $ 4.35 7.14%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,658.35 0.32%
uniswap
Uniswap (UNI) $ 8.38 5.34%
monero
Monero (XMR) $ 217.36 5.53%
whitebit
WhiteBIT Coin (WBT) $ 26.92 1.08%
near
NEAR Protocol (NEAR) $ 3.04 1.55%
pepe
Pepe (PEPE) $ 0.000008 5.35%
dai
Dai (DAI) $ 1.00 0.05%
aptos
Aptos (APT) $ 5.66 4.38%
bittensor
Bittensor (TAO) $ 388.03 4.66%
ondo-finance
Ondo (ONDO) $ 1.01 1.19%
aave
Aave (AAVE) $ 205.30 2.35%
internet-computer
Internet Computer (ICP) $ 6.35 1.72%
susds
sUSDS (SUSDS) $ 1.04 0.35%
ethereum-classic
Ethereum Classic (ETC) $ 18.97 1.41%
okb
OKB (OKB) $ 45.95 1.34%
mantle
Mantle (MNT) $ 0.803465 1.02%
gatechain-token
Gate (GT) $ 21.47 2.03%
official-trump
Official Trump (TRUMP) $ 13.35 1.98%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.00 12.00%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 88,764.78 4.14%