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) $ 105,052.15 0.68%
ethereum
Ethereum (ETH) $ 3,344.72 1.58%
xrp
XRP (XRP) $ 3.13 1.05%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 258.69 4.42%
bnb
BNB (BNB) $ 688.99 0.76%
dogecoin
Dogecoin (DOGE) $ 0.35379 1.27%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.986487 1.33%
staked-ether
Lido Staked Ether (STETH) $ 3,338.37 1.54%
tron
TRON (TRX) $ 0.253341 1.03%
chainlink
Chainlink (LINK) $ 25.52 2.12%
avalanche-2
Avalanche (AVAX) $ 37.64 6.12%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,982.50 1.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,712.06 0.29%
hedera-hashgraph
Hedera (HBAR) $ 0.342655 3.61%
stellar
Stellar (XLM) $ 0.421107 1.86%
the-open-network
Toncoin (TON) $ 5.08 0.60%
sui
Sui (SUI) $ 4.17 0.04%
shiba-inu
Shiba Inu (SHIB) $ 0.00002 0.30%
weth
WETH (WETH) $ 3,343.74 1.60%
polkadot
Polkadot (DOT) $ 6.34 0.18%
bitget-token
Bitget Token (BGB) $ 7.71 0.09%
litecoin
Litecoin (LTC) $ 124.07 1.66%
leo-token
LEO Token (LEO) $ 9.75 0.23%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.92 1.47%
hyperliquid
Hyperliquid (HYPE) $ 24.17 9.51%
uniswap
Uniswap (UNI) $ 12.24 0.03%
usds
USDS (USDS) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,535.27 1.32%
pepe
Pepe (PEPE) $ 0.000015 0.33%
official-trump
Official Trump (TRUMP) $ 31.04 9.21%
near
NEAR Protocol (NEAR) $ 5.06 2.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
aave
Aave (AAVE) $ 330.70 0.49%
aptos
Aptos (APT) $ 8.34 3.35%
mantra-dao
MANTRA (OM) $ 4.77 36.93%
ondo-finance
Ondo (ONDO) $ 1.44 1.09%
internet-computer
Internet Computer (ICP) $ 9.18 0.53%
monero
Monero (XMR) $ 222.96 1.80%
whitebit
WhiteBIT Coin (WBT) $ 28.43 0.25%
ethereum-classic
Ethereum Classic (ETC) $ 26.98 0.52%
mantle
Mantle (MNT) $ 1.20 0.05%
vechain
VeChain (VET) $ 0.047943 0.78%
crypto-com-chain
Cronos (CRO) $ 0.138022 0.22%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.43878 1.50%
render-token
Render (RENDER) $ 7.04 2.53%
dai
Dai (DAI) $ 1.00 0.01%
algorand
Algorand (ALGO) $ 0.407745 1.54%
kaspa
Kaspa (KAS) $ 0.132099 1.42%