Latest news with #defense industry
Yahoo
5 days ago
- Business
- Yahoo
Zaporizhzhia companies to produce components for mines
Zaporizhzhia Oblast will start large-scale production of components for anti-personnel mines. Source: Ivan Fedorov, Head of Zaporizhzhia Oblast Military Administration, on Telegram Details: Fedorov noted that the launch of the production became possible after President of Ukraine Volodymyr Zelenskyy signed the law on the termination of the Ottawa Convention on the Prohibition of Anti-Personnel Mines. Quote from Fedorov: "Zaporizhzhia Oblast immediately responds to the initiative – the production of components for anti-personnel mines will be launched in the near future." Details: He noted that the oblast plans to produce tens of thousands of components every month. Quote from Fedorov: "Thanks to the use of modern technologies, we plan to produce anywhere from 1,000 to 2,000 components daily. Thus, the monthly production volume will exceed 50,000 components." "All the components will be used to strengthen the Zaporizhzhia front and become part of a powerful mechanism to destroy the occupier." Background: Ukraine has deregulated the explosives market and is preparing to issue grants for powder factories. Ukrainian Defence Industry JSC is gradually moving to the production of 60-mm mortar shells. Ukraine covers 40% of the defence forces' needs thanks to the domestic defence industry and has increased weapons production many times over. Ekonomichna Pravda also wrote that thousands of Ukrainians print spare parts and finished products for the needs of the defence forces on personal 3D printers. Support Ukrainska Pravda on Patreon! Solve the daily Crossword
NHK
6 days ago
- Business
- NHK
Japan, EU agree on cooperation in defense, economic security
Leaders from Japan and the European Union have agreed on cooperation in the defense industry, economic security and other areas. Japanese Prime Minister Ishiba Shigeru met with European Council President Antonio Costa and European Commission President Ursula von der Leyen in Tokyo for about an hour on Wednesday. During the summit, Ishiba said Japan and the EU are partners sharing strong aspirations, and that he wants to work closely with the EU to uphold multilateralism and the free and open international order based on the rule of law. Costa said Japan is the EU's closest partner in the Indo-Pacific region. He stressed they have strong relations, sharing values and interests. The two sides agreed that the security of Europe and the Indo-Pacific is inseparable and that they should work together in areas such as the defense industry and cybersecurity. In economic security, they confirmed cooperation in strengthening critical minerals supply chains, among other fields. Japan and the EU reaffirmed that they will continue support for Ukraine and sanctions against Russia. They strongly condemned Russia's military cooperation with North Korea. The Japanese and EU leaders issued a joint statement including those agreements.
