Ukrainian President Volodymyr Zelenskiy announced on Wednesday that Ukraine and Germany have reached new agreements regarding investments in Ukraine’s defence sector.
Speaking in Berlin alongside German Chancellor Friedrich Merz, Zelenskiy did not disclose specific details about the nature or scope of the agreements. However, the announcement underscores Kyiv’s increasing efforts to secure financial support from its allies to bolster its own rapidly developing defence industry.
Ukraine has been actively seeking partnerships and investments to strengthen its domestic defence production capabilities, particularly in light of the ongoing conflict. The country aims to reduce its reliance on foreign arms supplies and develop a more self-sufficient defence industry.
The agreements with Germany could potentially involve investments in various areas of Ukraine’s defence sector, such as the production of weapons, ammunition, military equipment, or the development of new defence technologies.
The announcement comes as Ukraine continues to face significant challenges in its defence against ongoing aggression. Strengthening its domestic defence industry is seen as a critical step towards ensuring its long-term security and independence.