The Presidents of Lithuania and Ukraine Signed an Agreement on Defense Equipment Production
Lithuania and Ukraine's presidents have signed a defense equipment production agreement, reinforcing their political and strategic partnership amid the ongoing Russian aggression.
On the fourth anniversary of Russia's brutal war against Ukraine, the Presidents of Lithuania and Ukraine have solidified their commitment to support each other through a newly signed agreement focused on the production of defense equipment. Lithuanian President emphasized that this agreement symbolizes not just industrial and technological collaboration, but also the political will and strategic partnership between the two nations. It marks a significant step in Lithuania's ongoing support for Ukraine in the face of ongoing conflict.
The agreement outlines that a majority of the defense systems and capabilities produced in Lithuania will be allocated primarily for the needs of the Ukrainian forces, as well as for the Lithuanian military itself. Lithuania also committed to creating favorable conditions to encourage the establishment of Ukrainian defense and security companies in the country, which includes joint ventures, partnerships, and collaborative production agreements, potentially boosting Ukraine's defense capabilities further.
Moreover, the cooperation outlined in the agreement may receive partial funding from Ukrainian entities, but the majority will be implemented through Lithuania's national resources and the SAFE initiative. The emphasis on continued support for joint defense industry projects underlines Lithuania's long-term commitment to collaborating closely with Ukraine, highlighting the strategic importance of their partnership during a time of heightened military tensions in the region.