As the war with Russia overtakes it in terms of both men and material, Ukraine is considering the task of exporting weapons produced by the country’s limited munitions manufacturers.
The National Association of Defense Industry Enterprises of Ukraine (NAUDI) stated that it believes selling military arms to other countries could be crucial to building Ukraine’s staggering economy, Militarnyi reported.
“At present, the issue of scaling up production can only compete with the issue of financing it,” said Dmytro Natalukha, Chairman of the Verkhovna Rada Committee on Economic Development, as participants discussed just how a country that is in dire need of all military supplies can consider selling them.
NAUDI predicted that defense product sales could bring in another $2 billion in tax revenue over the next one-and-a-half years – provided Ukraine remains undefeated in the war with Russia. While the Ukrainian defense industry can produce up to $20 billion in armaments a year, the government has only budgeted $6 billion per annum for the purchase of weapons. […]
— Read More: humanevents.com
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