EU, Ukraine, France, and Finland sign EUR 343M deal to boost dual-use tech and defense industry
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UkrInform
7d ago· 2 min readenNews
Summary
The European Commission, Ukraine's Ministry of Defense, France, and Finland have signed agreements to launch EUR 343 million in EU guarantees and blended finance grants aimed at scaling up industrial capacity in dual-use technologies and the defense industry. The agreements, announced during the Ukraine Recovery Conference in Gdańsk, are expected to mobilize over EUR 700 million in investment, particularly for unmanned aerial vehicle (drone) production.
Source
bskyEU, Ukraine, France, and Finland sign EUR 343M deal to boost dual-use tech and defense industryuazmi.comKey quotes
· 2 pulledThe agreements provide for EUR 343 million in European Union guarantees and blended finance grants.
The new financial instruments are expected to mobilize more than EUR 700 million in investment for the production of unmanned aerial...
The European Commission, the Ministry of Defense of Ukraine, and the Governments of France and Finland have concluded agreements aimed at scaling up industri...
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