Ukroboronprom director general signs agreements for over USD 1B in UAE

Ukroboronprom director general signs agreements for over USD 1B in UAE

Ukrinform
Director General of Ukraine’s State Concern Ukroboronprom Yuri Husev signed agreements and contracts with Tawazun Economic Council and EDGE Group to expand military and technical cooperation totaling more than USD 1 billion.

The agreements were signed during an official visit of President of Ukraine Volodymyr Zelensky to the United Arab Emirates, Ukrinform reports with reference to the press service of the head of state.

"As part of the official visit of President of Ukraine Volodymyr Zelensky to the United Arab Emirates, Ukroboronprom Director General Yuri Husev signed agreements and contracts with Tawazun Economic Council and EDGE Group to expand military and technical cooperation totaling more than USD 1 billion," the report reads.

The agreement with EDGE on military and technical 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 cooperate with leading international companies within the defence industry. We are excited about the opportunities that open up for the UAE and Ukraine as a result of cooperation, exchange and mutual benefit from military and technical potential of the two countries," CEO and Managing Director of EDGE Group His Excellency Faisal Al Bannai said.

As Ukrinform reported, President of Ukraine Volodymyr Zelensky and his wife Olena Zelenska are on an official visit to the United Arab Emirates on February 14-15. A number of bilateral documents were signed during the visit.

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