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Zelenskyy Sees Prospects for Ukrainian Companies in €21 Billion SAFE Projects

Volodymyr Zelenskyy stated that Ukrainian enterprises have good chances of taking part in joint production projects under the European SAFE (Security Action for Europe) defense program. The president said this in an interview with "TСН," UATV English relays. "Of course, financial support matters a great deal to us. We're discussing the SAFE program — €21 billion remains in it right now, and there…

Zelenskyy Sees Prospects for Ukrainian Companies in €21 Billion SAFE Projects

Ukrainian President Volodymyr Zelenskyy expressed optimism that Ukrainian companies have a significant opportunity to participate in joint production projects under the European SAFE (Security Action for Europe) defense program. Speaking with TСН and UATV English relays, Zelenskyy highlighted the importance of financial backing, noting that €21 billion remains in the program.

He emphasized the positive signals regarding other nations utilizing these funds in collaboration with Ukraine, deeming it a highly encouraging development. Zelenskyy conveyed his hope for the continued growth and development of this direction. It is worth mentioning that SAFE is a crucial component of the EU's broader Readiness 2030 strategy, aiming to expedite investment in defense capabilities, enhance combat readiness and resilience, and bolster Europe's defense-industrial base through increased cooperation and joint weapons procurement.

On October 29, the European Commission extended an invitation to EU states to join the second round of the SAFE instrument, allocating funds to support Ukraine.

Written by urgent.news from UATV English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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