US offers to compensate Kiev losses after reduction of military-technical cooperation with Russia
24 June 2014, 19:22 -- The United States is weighing plans to expand military-technical cooperation with Ukraine and to compensate part of the Ukrainian defense industry's losses following the curtailment of Ukrainian-Russian military-technical cooperation.
Ukrainian-American military-technical cooperation was discussed in talks in Kiev between Deputy Assistant Secretary of State for Regional Security and Security Assistance Georgy Kausner and representatives of Ukrainian profile organizations, Interfax has learned from informed sources.
'The aid package proposed by the US includes Ukraine's broader military-technical cooperation with the United States and the European Union, as well as assistance and interaction in implementing Ukraine's military-technical cooperation projects on the markets of third countries,' a source told Interfax.
'Another option, mostly intended for the Ukrainian defense-industry sector, is the placement of Western repair orders with Ukrainian defense companies in compensation for the losses suffered after military-technical cooperation with Russia was curtailed,' the source said.
Ukrainian President Petr Poroshenko told the National Security and Defense Council last week that military-technical cooperation with Russia would be banned, including exports of dual-purpose products.
In the estimate of Ukrainian military experts, Ukraine's losses involved will not exceed $300 million annually. Russia's share in Ukraine's arms and special services exports does not exceed 15 percent, the experts said, Interfax reports.
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