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Ukraine asks allies to allocate 0.25% of GDP to boost its weapon production
- Ukrainian President Zelenskiy urges allies to allocate 0.25% of GDP for Ukraine's defence industry and domestic production.
- Ukraine is seeking support from countries like Denmark, Norway, Germany, Canada, UK, and Lithuania for joint weapon production.
- Kyiv has secured $43 billion for domestic weapon production to meet growing demands amid the escalating conflict with Russia.
- NATO members to meet next week to discuss higher defence spending; NATO Secretary General proposed 5% of GDP for defence.
- Zelenskiy plans to attend the NATO summit and hopes to meet with US President Trump for discussions on sanctions and military support.
- Despite efforts at the G7 summit, Zelenskiy did not meet Trump who left early to address the Israel-Iran conflict.
- Ukraine covers 40% of its defence needs through domestic production and aims to increase production, exploring opportunities for joint production abroad.
- Under the 'Build with Ukraine' program, Ukraine plans to export military production technologies and collaborate on production lines in European countries.
- The discussions focus on producing drones, missiles, and potentially artillery as part of the export plans.
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