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


FILE PHOTO: Former Defence Minister of Ukraine Mykhailo Fedorov speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine, August 24, 2026. REUTERS/Anatolii Stepanov/File Photo

Aug 30 (Reuters) - ⁠Ukraine's former defence minister Mykhailo ⁠Fedorov is seeking U.S. investment ‌for a defence technology fund, he said in an interview with the Financial Times ​that was published on ⁠Sunday.

Fedorov is also ⁠seeking Western capital to build and ⁠manage ‌weapons development companies that he said will help ⁠Kyiv resist Moscow, the Financial Times ​said.

The ‌former defence minister did not say ⁠whether ​he would benefit financially from the fund, nor did he give ⁠details on his role overseeing ​it, according to the FT.

Meanwhile Ukraine's new defence minister, Yevhenii Khmara, said ⁠Kyiv would seek to bring forward part of a €45 billion ($52.1 billion) loan from the European Union ​plannedfor next year, ⁠as well as lobbying allies for ​greater contributions and new ‌countries that had ​not yet given.

($1 = 0.8634 euros)

(Reporting by Chandni Shah in Bengaluru)

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