Norway will make investments $400 million in Ukraine's protection business to assist drone and air protection missile manufacturing, President Volodymyr Zelensky stated in his nightly handle on June 22.
The announcement adopted a go to to Ukraine by Norwegian Protection Minister Tore Onshuus Sandvik.
"Immediately, Norway’s Minister of Protection visited Ukraine. A call has been reached to take a position $400 million in our manufacturing – new funding, primarily for drones," Zelensky stated.
Zelensky added that the 2 international locations are additionally working collectively to determine joint air protection manufacturing inside Ukraine.
"We’re working collectively to create all the mandatory situations to provide air protection programs in Ukraine — collectively with companions, collectively with Norway," Zelensky stated.
He added that Norway's largest protection firm – Kongsberg Defence & Aerospace – has already opened an workplace in Ukraine as a part of the cooperation.
"We’re expediting all processes to the utmost extent," Zelensky stated.
On X, Norway's protection ministry confirmed that Kongsberg has signed settlement with a serious Ukrainian firm to collectively develop and produce missiles for air protection programs in Ukraine.
The collaboration will concentrate on producing missiles for the Nationwide Superior Floor-to-Air Missile System, or NASAMS.
"The Norwegian NASAMS system saves lives in Ukraine day-after-day, and is essential in defending essential infrastructure. That’s the reason it’s important for the Norwegian Authorities to finance this growth of cheaper missiles for the NASAMS system in Ukraine," stated Minister Sandvik.
The announcement marks deepening ties between Kyiv and Oslo as Ukraine seeks to broaden its home protection business amid Russia’s ongoing full-scale invasion and lowered navy help from america.
The Kyiv IndependentSonya Bandouil