Ukroboronprom in the UAE signed deals for $ 1 billion



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Ukroboronprom in the UAE signed deals for $ 1 billion

Photo: Office of the President

Ukraine and the United Arab Emirates signed a series of agreements.

The Ukrainian defense company intends to develop advanced technologies with the help of the EDGE Group.

Ukroboronprom, during the visit of Ukrainian President Volodymyr Zelenskyy to the United Arab Emirates, signed agreements and contracts with the Tawazun Economic Council and the EDGE Group to expand military-technical cooperation for a total of more than one billion dollars. This was reported by the Office of the President on Sunday, February 14.

It is observed that the agreement with EDGE on technical and military cooperation will allow the exchange and development of advanced technologies.

“EDGE places a strong emphasis on joint development and cooperation. The signing of this trilateral agreement demonstrates our intention to partner with leading international companies in the defense industry. We are delighted with the opportunities that are opening up for the United Arab Emirates and Ukraine cooperate, exchange and reap mutual benefits from the military and technical potential of the two countries, “said Faisal Al Bannaya, CEO and Managing Director of EDGE.

The OP also reports that in Masdar City of Advanced and Environmentally Friendly Technologies City, Zelensky met with business representatives who have common projects with the UAE in the field of energy, education and the latest technologies.

The president stressed that, in fact, Ukraine as a state assumed responsibility for these businesses and their development in the United Arab Emirates. He noted that he had a warm and productive meeting with the Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Armed Forces of the United Arab Emirates, Sheikh Muhammad bin Zayed Al Nahyan. Both countries are exploring opportunities to expand and strengthen contacts.

“We will protect Ukrainian companies, this is very important to us. But Ukrainian companies also need to support and protect their state. Only together can we do something modern, like this city of advanced technologies,” said the president.

We will recall, earlier today, that Ukraine and the United Arab Emirates signed a series of agreements.

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