Defense Minister Umerov discussed with Borrell the possibility of producing Ukrainian drones worth $11 billion. Ukraine can invest $3 billion on its own, but needs the support of partners to fully realize its potential.
During a meeting with EU High Representative for Foreign Affairs and Security Policy Josep Borrell in Kyiv, Ukrainian Defense Minister Rustem Umerov spoke about the possibilities of Ukrainian drone production. He announced this in Telegram, UNN reports.
I told the EU delegation about the potential of Ukrainian drone production, which is currently estimated at $11 billion. Of this, we can invest about $3 billion on our own, but to maximize our potential, we need financial support from our partners,
— Umerov wrote.
Details
He expressed hope that a significant portion of the next tranche of frozen Russian assets will be used to strengthen the Ukrainian defense industry. According to the minister, "one of the most effective steps to help our defenders is to invest in the Ukrainian defense industry.
I highly appreciate Mr. Borrell's personal contribution to the diplomatic, economic and military support of Ukraine. In appreciation of these efforts, which have strengthened our defense capabilities, I presented him with the Cross of Honor,
— Umerov said.
The EU has already provided Ukraine with €44 billion in military aid.
They discussed military assistance, strikes on military targets in Russia, and financial support: Zelensky meets with BorrellNovember 11 2024, 08:21 PM • 3147 views