At least €1 billion of proceeds from frozen Russian assets will be used to support Ukraine’s defense industry, - Zelenskyy
President Volodymyr Zelenskyy said that at least 1 billion euros from the proceeds of frozen Russian assets will be used to support the Ukrainian defense industry.
According to Censor.NET, Zelensky said this after a meeting with the President of the European Council Antonio Costa, who is on a visit to Kyiv.
As noted, the president thanked all partners who have invested in projects to produce modern weapons.
"It is important to increase the purchase of weapons from Ukrainian producers, in particular at the expense of income from frozen Russian assets. Most of the funds from the second tranche of these revenues from the European part of the contribution - that is, at least one billion euros - will be used to support the Ukrainian defense industry," the president said.
Earlier, President Volodymyr Zelenskyy said that certain financial mechanisms for using the proceeds of frozen Russian assets would be launched in January.
