Published by Global Banking and Finance Review
Posted on December 20, 2025
1 min readLast updated: January 20, 2026

Published by Global Banking and Finance Review
Posted on December 20, 2025
1 min readLast updated: January 20, 2026

Ukraine and Portugal have agreed to jointly produce Ukrainian sea drones, enhancing maritime defense capabilities in Europe.
KYIV, Dec 20 (Reuters) - Ukraine and Portugal agreed on the joint production of Ukrainian sea drones, the Ukrainian president's aide said on Saturday.
"We proved that our USVs (Unmanned Surface Vehicles) work perfect against Russian warships and submarines. Now they will help Portugal defend Europe from the sea," Oleksandr Kamyshin said on X, writing in English.
(Reporting by Yuliia Dysa;Editing by Alison Williams)
A sea drone, or Unmanned Surface Vehicle (USV), is a type of autonomous vehicle designed to operate on the water's surface, often used for surveillance, reconnaissance, and defense purposes.
Co-production refers to a collaborative process where two or more parties work together to create a product or service, sharing resources, expertise, and responsibilities.
A partnership in business is a formal arrangement where two or more individuals or entities collaborate to manage and operate a business, sharing profits, losses, and responsibilities.
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