Headlines
US and Ukraine in talks on drone investment deal
Published by Global Banking & Finance Review®
Posted on July 18, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 18, 2025
2 min readLast updated: January 22, 2026
Ukraine and the US are negotiating a drone investment deal, focusing on US investment in Ukrainian production and potential drone purchases.
KYIV (Reuters) -Ukraine and the United States are in detailed talks on a deal involving U.S. investment in Kyiv's domestic drone production, Ukrainian Prime Minister Yulia Svyrydenko said on Friday.
The announcement comes a day after President Volodymyr Zelenskiy tasked a reshuffled new government with scaling up Ukraine's arms industry and strengthening ties with its strategic partners.
Svyrydenko, speaking to reporters alongside several other new ministers in the capital Kyiv, said the deal would also lead to the U.S., Ukraine's biggest military backer in its war with Russia, purchasing Ukrainian drones.
"We plan to sign a 'drone deal' with the United States. We are discussing investments in the expansion of production of Ukrainian drones by the U.S.," she said.
"That is, we are talking about the purchase of a large batch of Ukrainian drones."
Svyrydenko added that a political decision on the deal had been made by Zelenskiy and President Donald Trump, and that officials were already hashing out the details.
Zelenskiy told the New York Post this week that he and Trump were considering a deal for Washington to buy battlefield-tested Ukrainian drones in exchange for Kyiv purchasing weapons from the U.S..
The Ukrainian government under Svyrydenko is expected to shore up ties with the Trump administration, which has grown increasingly critical of Russia since it stepped up air strikes on Ukraine.
Svyrydenko is well-known in Washington, having negotiated a high-level deal offering the U.S. preferential access to Ukraine's mineral wealth that will feed a reconstruction fund.
At the briefing in Kyiv, economy minister Oleksiy Sobolev said the board of a joint U.S.-Ukrainian fund will meet for the first time by the end of the summer.
(Reporting by Olena Harmash and Yuliia Dysa; Writing by Dan Peleschuk; Editing by Andrew Heavens, Kirsten Donovan)
Drone production refers to the manufacturing of unmanned aerial vehicles (UAVs) that can be used for various purposes, including military applications, surveillance, and commercial uses.
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