Ukraine is becoming a guarantor of security for the EU economy — Kos
European Commissioner Marta Kos stated that Ukraine is becoming an important security partner for the European Union. According to her, Ukraine plays a key role in the development of European defense and the defense-industrial complex.
She made this statement at the opening of the Ukraine-EU Business Summit in Brussels.
“It is becoming clear just how central a role Ukraine plays in European defense, and increasingly so in the economic security of our continent,” Kos said.
She cited the situation in the Persian Gulf, where Ukraine is currently utilizing its innovations in the field of drones and combat software.
“These are capabilities that no other military force can match,” said the European Commissioner. “Ukrainians are increasingly building the ‘Arsenal of Democracy.’ Ukraine is becoming an indispensable partner in Europe’s efforts to rebuild our defense industry and armed forces. These efforts must be guided by Ukraine’s experience.”
At the same time, Kos believes that Ukraine is becoming a provider of security for the European economy.
She cited two examples: critical raw materials and dual-use goods.
“Critical raw materials are central to the modern economy. By relying on a single supplier of such vital assets, we open the door to potential blackmail. Ukraine is one of the places in Europe where there is a large quantity of some of these materials. Our goal is to integrate Ukraine into pan-European value chains for critical raw materials,” the European Commissioner added.
She noted that the strategic partnership between the EU and Ukraine on critical raw materials has been in place since 2021. Now, together with the Ukrainian government, the EU has stepped up support for European companies to build a portfolio of investment projects in this critical sector.
“Dual-use products are another area of critical importance for economic security. That is why the Investment Framework for Ukraine now also covers sectors whose products have both military and civilian applications,” said Kos.
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