KIEV: President Petro Poroshenko said Ukraine needs to increase its weapons exports and upgrade the production facilities of its defense enterprises.
“We need to support the growing demand for Ukrainian-produced weapons. I stress that we are not selling out, unlike some [previous] infamous defense ministers and those who took the relevant decisions. At present, we are firmly and steadily gaining the market share for the types of weapons produced in Ukraine,” press service of the Ukrainian president quoted Poroshenko as saying during a meeting of the National Security and Defense Council of Ukraine on Friday.
The president recalled the domestic defense orders are executed on production facilities, the depreciation rate of which is 67%, or even 80% at some companies.
