Feb 20 โ€ข 07:04 UTC ๐Ÿ‡ณ๐Ÿ‡ด Norway NRK

Ukraine resumes export of defense materials

Ukraine has approved its first defense material exports since Russia's full-scale invasion in 2022, with potential sales valued in the tens of billions of kroner.

Ukraine has officially resumed the export of defense materials for the first time since Russia initiated its full-scale invasion in 2022. This decision marks a significant milestone in Ukraine's efforts to bolster its defense capabilities and reflects a notable development in the country's defense industry, which has been a focal point for the government amid ongoing conflict. The approval involves a substantial number of applications from various Ukrainian defense producers, with reports indicating that around 40 different requests for exporting defense materials have been submitted, the majority of which have received approval from the Ukrainian authorities.

The Ukrainian government has actively prioritized the development of its defense industry in recent years, especially in areas such as drones and rockets, aiming to reduce reliance on foreign military supplies. This resurgence in defense exports could potentially generate revenue worth several tens of billions of kroner for Ukraine, providing much-needed financial support for its ongoing military efforts. Additionally, the authorities are considering the introduction of a special tax on these exports, which would further establish a regulated framework for the defense industry while contributing to the national economy.

The implications of this decision extend beyond just economic benefits; it also signals Ukraine's confidence in its defense capabilities and its strategic intention to strengthen its position in the ongoing conflict with Russia. As the international community observes these developments, Ukraine's ability to produce and export its military hardware could enhance its bargaining power and geopolitical stance, potentially influencing the dynamics of military support from Western allies and partners as they respond to Ukraine's needs in its fight for sovereignty.

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