financetom
Business
financetom
/
Business
/
Zelenskiy woos US businesses, seeks to grow Ukraine's drone industry
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Zelenskiy woos US businesses, seeks to grow Ukraine's drone industry
Sep 25, 2025 8:42 AM

KYIV (Reuters) -President Volodymyr Zelenskiy outlined Ukraine's plans to boost drone exports and expand tech partnerships as he met the top management of a host of leading U.S. businesses, his office said on Thursday.

Exports of Ukraine's weapons have been restricted since Russia invaded its neighbour in February 2022, with everything rolling off the production line diverted to the national defence effort.

"Our country has a strong drone manufacturing industry and more than 300 technology companies. I think this is a new direction for our business and economy in the future," Zelenskiy said in a statement.

"I think this year we will open up exports of our new technologies only to those countries that we can count on," he added.

Zelenskiy met with representatives of companies including Amazon ( AMZN ), Bank of America ( BAC ), Chemours, Citi, CRH, Fairfax, GE Vernova ( GEV ), Hogan Lovells, Jacobs, JPMorgan Chase ( JPM ), Lazard ( LAZ ), Logistics Plus, Marsh McLennan ( MMC ), TechMet and Westinghouse, his office said.

Some of the companies already operate or invest in Ukraine. Zelenskiy said that Kyiv was ready to open up new sectors for partnerships and investments.

UKRAINE'S DRONE OUTPUT SOARS    

Ukraine's domestic weapons production and its drone output in particular have increased massively during the war, with hundreds of firms manufacturing millions of drones that have been tested on the battlefield.

Zelenskiy said Ukraine planned to establish export platforms in the United States, Europe, the Middle East and Africa.

As the government seeks to prop up its war-devastated economy, Kyiv is keen to strengthen its ties with the U.S. and has been wooing American businesses with potential investment opportunities.

Earlier this month, Ukraine and the U.S. International Development Finance Corporation launched a joint fund with $150 million investment that is part of Kyiv's minerals deal with Washington, first signed in April.

Ukrainian officials said Prime Minister Yulia Svyrydenko is planning to visit the United States at the end of the month for more detailed talks with U.S. businesses.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Coinbase to launch CFTC-compliant perpetual futures trading in US
Coinbase to launch CFTC-compliant perpetual futures trading in US
Jun 12, 2025
June 12 (Reuters) - Coinbase plans to launch perpetual futures trading in the United States, with the offering set to comply with regulatory standards outlined by the Commodity Futures Trading Commission, a top executive at the crypto exchange said on Thursday. With crypto markets buoyed by hopes of lighter regulation and a renewed risk appetite, exchanges are racing to capitalize...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Insmed Insider Sold Shares Worth $5,148,024, According to a Recent SEC Filing
Insmed Insider Sold Shares Worth $5,148,024, According to a Recent SEC Filing
Jun 12, 2025
04:25 PM EDT, 06/12/2025 (MT Newswires) -- Sara Bonstein, Chief Financial Officer, on June 10, 2025, sold 57,766 shares in Insmed ( INSM ) for $5,148,024. Following the Form 4 filing with the SEC, Bonstein has control over a total of 103,412 common shares of the company, with 103,412 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1104506/000162828025030961/xslF345X05/wk-form4_1749759395.xml ...
Amneal Pharmaceuticals Insider Sold Shares Worth $452,537, According to a Recent SEC Filing
Amneal Pharmaceuticals Insider Sold Shares Worth $452,537, According to a Recent SEC Filing
Jun 12, 2025
04:25 PM EDT, 06/12/2025 (MT Newswires) -- Gautam Patel, Director, on June 10, 2025, sold 56,426 shares in Amneal Pharmaceuticals ( AMRX ) for $452,537. Following the Form 4 filing with the SEC, Patel has control over a total of 1,704,050 Class A common shares of the company, with 1,704,050 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1723128/000162828025030958/xslF345X05/wk-form4_1749759347.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved