Ukraine provides over 40% of the weapons used to defend the nation's independence against Russia's full-scale invasion, President Volodymyr Zelensky said at the State and Business Forum in Kyiv on June 27.

As Ukraine scales up domestic defense production, Zelensky has been lobbying foreign partners to provide funding to help match its manufacturing capacity.

The government and Ukrainian businesses now provide more than 40% of the weapons the country uses in its fight against Russia, Zelensky said. Business-driven innovations in technology have helped Ukraine on the battlefield, particularly in drone development.

"Thanks to Ukrainian entrepreneurship and all the conditions we have created as a state, a new sector of our domestic manufacturing has emerged and immediately become one of the world’s most advanced — the production of drones of various types," Zelensky said.

"Hundreds of companies are now involved in weapons production in one way or another."

Zelensky's comments come a day after Defense Minister Rustem Umerov reported that Ukrainian companies have increased their industrial capacity in order to produce four million drones a year.

At the NATO summit in The Hague on June 24, Zelensky said Ukraine could potentially produce as many as eight million drones per year, but lacks the financial backing to achieve its full capacity. During the summit, Ukraine signed agreements on joint weapons production with the U.K. and Denmark in an effort to bridge the gap between Kyiv's capacity and current funds.

Ukraine has rapidly developed its drone capabilities since 2022, evolving from modifying commercial aircraft to producing military UAVs, attack drones, and reconnaissance systems at scale.

Operation Spiderweb, a mass attack on four key military airfields in Russia, was carried out entirely with Ukrainian drones.

Ukraine war latest: Ukrainian drones reportedly strike 4 fighter jets in Russia

Key developments on June 27: * Ukraine war latest: Ukrainian drones reportedly strike 4 fighter jets in Russia * North Korea deployed 20% of Kim’s elite ‘personal reserve’ to fight against Ukraine in Russia, Umerov says * Pro-Palestinian activists reportedly destroy military equipment intended for Ukraine * Zelensky signs decree to synchronize Russia sanctions

The Kyiv IndependentThe Kyiv Independent news desk

President Volodymyr Zelensky has instructed government officials to prepare a decision introducing a long-term moratorium on business inspections in Ukraine, the Presidential Office announced on June 27.

Zelensky discussed the moratorium during an address at the "State and Business Forum: From Dialogue to Partnership," held in Kyiv.

"I have instructed that a decision on a long-term moratorium on business inspections be prepared to protect businesses from any pressure by unscrupulous individuals in various government positions," he said.

Economic growth is a vital component of Ukrainian resilience, necessitating ongoing dialogue between the government and entrepreneurs, Zelensky said. In addition to imposing the moratorium on inspections, Kyiv will also expand the Council for Entrepreneurship Support in an effort to cultivate entrepreneurship in Ukraine.

"Even under such harsh conditions of this war, Ukraine can rely on its entrepreneurs — on our domestic Ukrainian manufacturing, our Ukrainian logistics, our Ukrainian services across all sectors — from security to everyday life, as well as on Ukrainian developments and investments," the president said.

Following Russia's full-scale invasion in early 2022 and the onset of martial law, Ukraine temporarily suspended certain business regulations, including tax inspections for businesses. Zelensky signed a law resuming tax inspections for certain businesses in December 2023.  

Now in its fourth year of full-scale war against Russia, Ukraine's economy is still attempting to recover from the massive blow dealt in 2022, when the GDP dropped by 29.1%. At the same forum on June 27, Ukraine's new Prosecutor General Ruslan Kravchenko announced another measure meant to boost business: an audit of criminal cases related to businesses in Ukraine.

"The second priority is to finally sort out the proceedings related to business, protect business, and achieve justice in these matters," Kravchenko said.

The Prosecutor's Office will be dedicated to "ensuring the rights of investors and businesses," Kravchenko wrote on his Telegram channel on June 26. Efforts to safeguard businesses will not interfere with Ukraine's legal obligations and the regulatory reforms required for its integration into the European Union, he said.

Ukraine’s new top prosecutor known for high-profile cases, seen as Zelensky loyalist

Loyalty to the incumbent administration has been the key requirement for prosecutor generals in Ukraine. Ruslan Kravchenko, who was appointed as prosecutor general on June 21, appears to be no exception. Previously he had been appointed as a military governor by President Volodymyr Zelensky and is seen as a presidential loyalist. Kravchenko became Ukraine’s top prosecutor after a lengthy hiatus during which the position of prosecutor general remained vacant. His predecessor, Andriy Kostin, r

The Kyiv IndependentOleg Sukhov

Pokrovsk remains the "hottest spot" along Ukraine's front lines, with Russia concentrating its largest group of personnel in that direction — a force numbering 111,000 troops, Commander-in-Chief Oleksandr Syrskyi reported on June 27.

Russia has for months focused its offensive efforts on the embattled town of Pokrovsk in Donetsk Oblast and has recently been escalating attempts to break through to neighboring Dnipropetrovsk Oblast, a region that has not yet seen combat. Ukraine denied reports that Russian forces breached the regional border in May and June.

In May, Syrskyi reported that Ukraine had stabilized the situation in Pokrovsk.

After a working visit to the Pokrovsk sector, Syrskyi on June 27 said that the city is still "the hottest spot along the entire 1,200-kilometer front line" with nearly 50 combat clashes recorded per day. It's also where Russia has concentrated the bulk of its forces in Ukraine.

Russia has amassed "about 111,000 personnel" in the Pokrovsk sector, Syrskyi said, but Ukrainian forces are holding the line.

"The enemy continues to try to break through to the administrative border of Donetsk Oblast ... Russian sabotage and assault groups were particularly active here two weeks ago," Syrskyi said.

"But they were all destroyed or neutralized, and the remnants were pushed back from the administrative border. The situation is under control."

Russia is attempting to break into Dnipropetrovsk Oblast not only for operational reasons, but also for performative ones, Syrskyi said.

"To achieve a psychological effect: to put the infamous 'foot of the Russian soldier' there, plant a flag, and trumpet another pseudo-'victory.'"

Syrskyi's comments echo recent remarks by Russian President Vladimir Putin, who claimed in a propaganda-heavy speech on June 20 that "wherever the foot of a Russian soldier steps is Russian land." President Volodymyr Zelensky fired back the next day, promising "Ukrainian drones for the foot of every Russian soldier."

While Putin claimed on June 27 that Moscow is "ready" for a third round of peace talks with Kyiv, the Kremlin has sent no signal that it's ready to abandon its maximalist ambitions in Ukraine.

Russia's so-called "peace memorandum" demands that Ukraine recognize Russia's annexation of Crimea, as well as Kherson, Donetsk, Zaporizhzhia, and Luhansk oblasts — none of which are fully under Moscow's control.

Zelensky's Deputy Chief of Staff Pavlo Palisa said on June 6 that Russia aims to occupy all Ukrainian territory east of the Dnipro River and advance toward Odesa and Mykolaiv in a broader plan to sever Ukraine's access to the Black Sea amid a renewed summer offensive.

Ukraine war latest: Ukrainian drones reportedly strike 4 fighter jets in Russia

Key developments on June 27: * Ukraine war latest: Ukrainian drones reportedly strike 4 fighter jets in Russia * North Korea deployed 20% of Kim’s elite ‘personal reserve’ to fight against Ukraine in Russia, Umerov says * Pro-Palestinian activists reportedly destroy military equipment intended for Ukraine * Zelensky signs decree to synchronize Russia sanctions

The Kyiv IndependentThe Kyiv Independent news desk