Media: Ukraine may resume export of its own weapons to be able to increase their production

By: Anton Kratiuk | 09.10.2024, 16:04
Media: Ukraine may resume export of its own weapons to be able to increase their production

Prior to the full-scale invasion of russia, Ukraine was one of the largest exporters of military equipment and weapons in the world and was even among the top ten leaders until 2014. The country sold various small arms, helicopters, hovercrafts, armoured vehicles, artillery and rocket launchers, as well as components and units, including engines for military aircraft and gas turbines.

Ukraine has legally banned arms exports since 2022 to satiate its own needs. Of course, a war of such intensity with an enemy superior in all respects requires huge resources, including financial resources.

Here's What We Know

Financial Times sources report that the Ukrainian government is considering lifting restrictions on arms exports.

At first glance, such a decision may seem illogical, but Ukraine is in dire need of components for the production of drones and is ready to sell part of the UAVs to ensure further scaling of production and attract additional investment.

Experts have estimated that in this way Ukraine's military-industrial complex will receive up to $20bn a year, while this year only $6bn has been allocated for armaments in Ukraine's state budget.

At the moment, Ukraine is unable to pay for such large-scale state orders to utilise all the production capabilities that are idle at a time when Russia's advantage in drones is 5:1, and according to some estimates, 10:1.

During the war Ukraine has increased production of all types of drones at a rapid pace and is without exaggeration one of the world leaders in this field, so there is no reason to believe that Ukrainian-made UAVs will not be in demand on the world market, especially since they prove their effectiveness in real combat conditions. Recall, just today the AFU hit an arsenal that could hold up to 22,000 tonnes of ammunition, and this strike was carried out by drones of their own production.

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Source: Financial Times