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Ukraine's former defence chief seeks US investment for defence tech fund, FT reports

  • Former defence minister Mykhailo Fedorov is courting U.S. and other Western investment to create a defence-technology fund and build/manage weapons-development firms to bolster Ukraine’s resistance to Russia.
  • The Financial Times says Fedorov gave few details on his official role in the fund or whether he would personally benefit.
  • New defence minister Yevhenii Khmara wants to bring forward part of a planned €45 billion EU loan and is lobbying allies for larger contributions and new donor countries.
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