Times of India
Times of India
AsiaPac · 1 hrs ago

'Combine our strengths': EU, Ukraine sign multi-billion 'drone deal' to counter Russia

Ukraine-EU sign landmark 'drone deal'The European Union and Ukraine have signed a landmark "drone deal" to combine Kyiv's battlefield expertise with European industrial capacity for joint production, European Commission president Ursula von der Leyen announced on Wednesday."We need to combine our strengths," von der Leyen said in a speech in Kyiv. "This deal will bring together Ukrainian ingenuity and Europe's industrial scale."The agreement, expected to provide up to €2 billion in new funding, marks the first EU-wide defence partnership with Ukraine. Half of the funds will go toward expanding joint production of drones and missiles, while up to €1 billion will be invested in Ukrainian defence companies manufacturing dual-use equipment.Ukraine's drone expertise meets European scaleVon der
Times of India
Do you trust Times of India?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!