President of Ukraine

President: Participation of an American representative in the supervisory board of Ukroboronprom will promote the transparency of the institution

21 February 2018 - 18:42

President: Participation of an American representative in the supervisory board of Ukroboronprom will promote the transparency of the institution

President Petro Poroshenko thanked U.S. representative, Anthony Tether, who became a member of the council. "This is a symbol of effective cooperation between Ukrainian and American partners," the Head of State said, adding that it would promote transparency, openness and efficiency of the institution.

The President also recalled the decision to conduct an audit of Ukroboronprom. "Transparent, effective audit of activities in order to avoid any speculation in this regard. Transparent audit, which should inform the leadership of the state, the public about the transparency of the work of Ukroboronprom,” Petro Poroshenko noted.

“5 years ago nobody could imagine an American in the supervisory board - the adytum of secret to which nobody was allowed. It is a nightmare of the first department of the KGB. Today, we are making very decisive changes,” he said.

In turn, Anthony Tether thanked for the high confidence and opportunity to work together with Ukrainian partners and expressed conviction in the successful development of many projects of the military-defense complex of Ukraine.

“I think the first stage has been completed. I emphasize that this has been done in conditions of 70-80% dependence on the supply of components from the Russian Federation,” the President said, adding that the enterprises had achieved import substitution. He also noted that the ProZorro e-procurement system had been launched in the majority of Ukroboronprom enterprises two years ago.

“The key task was to provide modern weaponry to the frontline. Legendary Stugna is currently one of the best anti-tank weapons in the world. The same goes about the multiple launch rocket systems,” the President stressed. In addition, testing of new systems of electronic warfare was held, which showed high quality and high prospects.

The President reminded that the majority of enterprises of Ukroboronprom didn’t work in 2014. A lot of enterprises faced an inevitable threat of bankruptcy and the task of working in three shifts caused enormous difficulties.

"We severely lacked military equipment, there were no organized mechanisms for repair and modernization, the situation with the new samples was at an extremely low level. But I can emphasize that over these 3,5 years an important and huge work was carried out" Petro Poroshenko said.

"I can state that the enterprises of "Ukroboronprom" executed almost 100% of the task on the execution of the state defense order. We moved from the system of repair and partial modernization to the production of the latest models of weapons and military equipment," Petro Poroshenko noted.

The President also added that modernization of armaments and equipment takes into account the combat experience of the Ukrainian army. According to him, the work of the enterprises of Ukroboronprom has not only been restored. The majority of them ensured profitability. The budget receives a large number of taxes, thousands of new jobs have been created.