Ukraine concluded an agreement with Denmark for the purchase of weapons worth half a billion euros

Ukraine concluded an agreement with Denmark for the purchase of weapons worth half a billion euros. Photo from open sources

Ukraine has concluded agreements with the Ministry of Defense of Denmark, which provide for a number of purchases from Ukrainian defense companies.

According to the notification of the Ministry of Defense, the agreements were concluded for a total amount of approximately 535 million euros.

It is noted that the sources of funding are the governments of Denmark and Sweden and interest from frozen Russian assets.

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It is indicated that the Ministry of Defense of Ukraine and the Defense Procurement Agency provided Denmark with comprehensive information on manufacturers, weapons efficiency, production capabilities and compliance with anti-corruption standards.

«According to the results of the agreements, Ukrainian manufacturers of arms and equipment, both state and private, will supply the Armed Forces with self-propelled artillery installations, attack drones, anti-tank weapons, missile weapons,» said the director of the Department of Procurement Policy, Hlib Kanevskyi.

It is also noted that thanks to the «Danish model», which provides for direct financing of manufacturers, Ukraine has already received 50 million euros. These funds were used to finance the production of self-propelled artillery units «Bohdan» for the Armed Forces.

It was previously reported that Denmark will allocate about 629 million dollars for the purchase of weapons through the Ukrainian defense industry, of which 434 million dollars will be obtained from frozen Russian assets.