International Relations Defense Industry News

"Ukraine's Defense Industry: Adapting, Tripling Production, and Pursuing Self-Reliance"

Ukraine aims to develop its defense industry by attracting global corporations to manufacture weapons domestically, facing obstacles such as the ongoing war, political will, and financial issues. The country offers tax reductions and fast access to infrastructure for international companies, but the Soviet mindset and lack of transparency in government actions hinder progress. Despite positive developments in international cooperation and local production, Ukraine remains dependent on imports for gunpowder and faces challenges in obtaining licenses for missile production. The main goal for 2024 is to change Soviet approaches, introduce transparency, and create favorable conditions for international companies in Ukraine.