**Denmark Supports Ukraine’s Defense Industry**
The Danish government will provide 130 million euros ($140.6 million) in guarantees to support Danish companies investing in Ukraine’s defense industry.
Ukraine’s First Deputy Prime Minister and Economy Minister, Yulia Svyrydenko, announced the new initiative on March 25. The Danish government will introduce a state-backed guarantee through the Export and Investment Fund of Denmark (EIFO). This guarantee covers up to 70% of Danish companies’ investments in Ukraine’s defense sector.
**Encouraging Investment**
The new measure aims to help mitigate investment risks and encourage Danish manufacturers to engage with Ukraine’s defense industry. Svyrydenko said that Ukrainian expertise, innovation, and real combat testing of military technology will benefit from this initiative.
Since Russia’s full-scale invasion in 2022, Copenhagen has provided approximately $7.5 billion in military aid to Ukraine. The Nordic country is leading efforts to provide military support to Ukraine by investing in its defense industry, creating the so-called “Danish model” of purchasing arms for Kyiv from Ukrainian producers.
**Russia-Ukraine Conflict**
Russian Foreign Minister Sergey Lavrov confirmed that the issue was discussed during 12-hour Russian-U.S. talks in Riyadh on March 24. The Paris summit on March 27 will bring together Germany, Poland, the U.K., and other coalition members who have pledged to support Ukraine’s post-war security.
**Other News**
The Czech police said a technical malfunction caused an incident at a production hall. Belarusian dictator Alexander Lukashenko began his seventh term in power on March 25 after declaring himself the winner of the January elections, which were widely seen as neither fair nor free.
Some 77% of Ukrainians view a proposed 30-day truce positively, according to an Omnibus opinion poll conducted by the Kyiv International Institute of Sociology and published on March 25. Russia launched a devastating missile attack against the northeastern city of Sumy on March 24, just as the U.S. and Russia were leading ceasefire talks in Saudi Arabia.
Read More @ kyivindependent.com