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Ukraine says portion of military exports' proceeds will go to state defence fund - Finance news and analysis from Global Banking & Finance Review
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Ukraine says portion of military exports' proceeds will go to state defence fund

Published by Global Banking & Finance Review

Posted on July 1, 2026

2 min read

· Last updated: July 1, 2026

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Ukraine announces framework for wartime arms exports

New Export Rules for Ukrainian Arms Manufacturers

By Max Hunder and Ronald Popeski

Overview of the Export Framework

KYIV, July 1 (Reuters) - Ukrainian arms manufacturers will be able to export products and components under a new framework that channels a percentage of revenues into a state defence fund, Prime Minister Yulia Svyrydenko said on Wednesday, as Kyiv seeks to raise funds for its burgeoning weapons industry.

Ukraine announced it was permitting wartime arms exports in February, but manufacturers have since complained of regulatory barriers as the government has retained tight control and threshed out a framework to regulate deals.

Need for Defence Industry Funding

However, the country also needs funding for its defence industry, which has swelled since Russia's 2022 invasion, to further expand capacity and invest into research and development.

Details of the Revenue Levy Scheme

Svyrydenko, writing in English on X, said the scheme would levy 20% of proceeds from finished defence goods and 30% from components.

Requirements and Restrictions for Manufacturers

She said manufacturers would have to prove their capability to fulfill Ukrainian defence orders and export contracts simultaneously, and restrictions would apply to items placed on a list of critical goods.

Strategic Goals of Export Contracts

"Every export contract must serve one strategic goal: strengthening Ukraine’s defence industrial base and delivering more weapons for our Armed Forces," Svyrydenko wrote.

Operational Period and International Cooperation

The system would operate throughout the period of martial law, which has been in effect in Ukraine since Russia's invasion in February 2022.

She said it would operate under the aegis of bilateral "drone deals" which Ukraine has already struck with some European and Middle Eastern states, and is seeking to sign more, including with the United States.

Technology Transfer and Intellectual Property

Svyrydenko said Ukrainian technologies will be "transferred without assigning intellectual property rights and will remain subject to controls on their use and re-export."

Domestic Production and Industry Expansion

She added that more than 50% of weapons in battlefield use by Ukraine were domestically produced and that defence manufacturers "continue to expand production of drones, electronic warfare systems, ammunition, components and other critical defense technologies".

(Reporting by Max Hunder and Ronald PopeskiEditing by Gareth Jones and Chizu Nomiyama)

Key Takeaways

  • A new scheme mandates that 20% of export proceeds from finished defence products and 30% from components be directed to Ukraine’s state defence fund – aiming to bolster the domestic military-industrial base.
  • The rule applies throughout Ukraine’s period of martial law and ties exports—especially in drone-related joint ventures—to domestic defence capacity and strategic goals.
  • Ukraine’s defence exports are set to grow significantly, potentially bringing in several billion dollars in 2026; these funds, alongside EU loans, are vital to sustain and expand its war-effort industrial backbone.

Frequently Asked Questions

What percentage of Ukraine's military export proceeds will go to the state defence fund?
20% of proceeds from finished defence goods and 30% from components will be directed to the state defence fund.
How long will Ukraine's new defence export scheme be in effect?
The system will operate throughout the period of martial law, which has been in effect since February 2022.
What is the strategic goal of Ukraine's export contracts under the new scheme?
Each export contract aims to strengthen Ukraine’s defence industrial base and deliver more weapons for its Armed Forces.
What requirements must Ukrainian defence manufacturers meet under this scheme?
Manufacturers must prove they can fulfill both state defence orders and export contracts simultaneously.
What kinds of defence products are covered by the new export regulations?
The scheme covers finished defence goods, components, and specifies restrictions for critical goods.

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