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  • Writer's pictureBy The Financial District

Switzerland To Allow Weapons Shipments To Ukraine

Switzerland is set to re-export its weapons to Ukraine.

Photo Insert: The initiative will allow other countries to re-export weapons sourced from Switzerland to Ukraine.

The Swiss parliament’s lower house security policy commission approved last week an initiative to allow other countries to re-export weapons sourced from Switzerland to Ukraine, Ukraine Daily reported.

On the war front, the Ukrainian General Staff reported that Russia has lost 122,170 troops in Ukraine since Feb. 24, with 910 killed on Jan. 24 alone.

Russia has also lost 3,152 tanks, 6,284 armored fighting vehicles, 4,944 vehicles and fuel tanks, 2,148 artillery systems, 448 multiple launch rocket systems, 220 air defense systems, 289 airplanes, 281 helicopters, 1,897 drones, and 18 boats, Kyiv Independent reported.

The New York Times reported on Jan. 25 that the Pentagon is increasing artillery production by 500% to supply the demand of Ukraine.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

The US Army's top acquisition official told The New York Times that US production of 155-millimeter shells would increase to 90,000 a month within two years.

Finnish President Sauli Niinistö visited Kyiv, and met Ukrainian President Volodymyr Zelensky on Jan. 24. According to President Volodymyr Zelensky's office, the two leaders discussed defense assistance and the supply of Western tanks to Ukraine, preparation of the 10th package of EU sanctions against Russia and Finland's involvement in the implementation of the Ukrainian Peace Formula.

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