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Denmark to allocate €130 million for Ukraine's defense industry

19 November, 2024 Tuesday
19:12

Denmark to provide €130 million to Ukrainian defense industry

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Danish Prime Minister Mette Frederiksen announced this during a joint briefing with Ukrainian President Volodymyr Zelenskyy, UNN reports.

"It may seem a little strange that we are standing here praising our investment, so let me be clear: we can only have peace in Europe if we can defend ourselves," Frederiksen said.

She also stressed that the Ukrainian experience is very important, and the rest of Europe should learn from Ukraine's experience.

“There is a lot that the rest of Europe can learn from you, and it is important for me that our own industry, not only in Denmark but in all neighboring countries, can come to Ukraine and learn from your experience and your ability to expand and develop your production lines,” Frederiksen added.

  • The Ministry of Strategic Industries has reported that Ukraine has boosted its annual defense industry production to $30 billion.
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