Ukrainian Finance Minister Serhiy Marchenko says Turkey's total investments in Ukraine, taking into account the resources raised via banking structures and joint ventures in other countries, is reaching US$3 billion. Turkey is the world's fourth-largest market for Ukrainian exports.
Ukraine to buy Turkish warships, co-produce drones
(MicroStockHub/Getty Images) ANKARA, Turkey Turkey is selling four locally made stealth corvettes to its littoral Black Sea neighbor Ukraine as part of a larger framework agreement to enhance bilateral cooperation in defense procurement. The agreement, signed Dec. 15, also involves the transfer of Turkish technology to Ukraine and co-production of Turkish-made armed drones. It was signed by Ukrainian Defence Minister Andriy Taran and Turkey’s top defense procurement official, Ismail Demir. The warship deal could be worth about $1 billion, a government source told Defense News on condition of anonymity. In 2018, Turkish state-controlled defense technologies company STM won a contract to produce and sell four MILGEM corvettes to the Pakistan Navy. STM pledged to deliver the first small, multirole warship by the end of 2021. The contract entails construction of two corvettes in Turkey, with the other two slated for producti
Turkey urges respecting Ukraine s territorial integrity yenisafak.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yenisafak.com Daily Mail and Mail on Sunday newspapers.
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According to available information, the Russian Federation is currently preparing for the deployment of nuclear weapons on the territory of the temporarily occupied Crimean Peninsula, Ukrainian Defense Minister Andriy Taran said in an interview with Turkish media on the eve of the meeting in Kyiv of the Ministers of Defense and Foreign Affairs of Ukraine and Turkey in the “quadriga” format.
“Russia’s preparation for the deployment of nuclear weapons in Crimea poses a serious threat to the whole of Europe and the civilized world. The attempt of the Russian Federation to establish dominance in the Black Sea basin is a big threat to the economies of Ukraine, Turkey, and other European countries,” the press service of the Ukrainian Defense Ministry quoted Taran as saying on Dec. 18.