US EditionUkraine's 2026 defence exports could hit 'several billion dollars', official says
Ukraine approved most of about 40 export applications, focusing on reimported arms and prioritizing allies while considering an export tax, potentially reaching several billion dollars.
- 1- Ukraine could generate several billion dollars this year from military goods and service exports after approving its first foreign arms sales during wartime, a senior defence official said. 2- Authorities are also weighing the introduction of a tax on these defence exports as sales begin to expand. 3- According to Davyd Aloian, deputy secretary of Kyiv’s National Security and Defence Council, the wartime licensing commission has approved most of the 40 export applications submitted by defence manufacturers earlier this month.
16 Articles
16 Articles
Ukraine could export billions of dollars worth of military equipment abroad this year, Deputy Head of Ukraine's National Security and Defense Council Davyd Aloyan said after Kiev approved such exports for the first time since the outbreak of the war. Ukraine is also considering imposing an export tax on the goods.
Exports were approved at the beginning of the month. Exports should primarily go to countries that support Ukraine in the war. Germany has also been interested.
Ukraine could reach several billion dollars in military exports this year after authorizing foreign sales for the first time since the start of the war.
Ukraine's 2026 defence exports could hit 'several billion dollars', official says
Ukraine is poised to generate billions through military exports this year, marking a significant milestone as its first wartime sales since the invasion began. In an innovative move, Kyiv is contemplating an export tax to bolster its own defense funding.
Coverage Details
Bias Distribution
- 40% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
