Kyiv and Washington are preparing to sign a first-of-its-kind agreement to allow the export of Ukrainian drones for military testing in the US, according to a draft statement of intent seen by FT and officials involved

This agreement between Kyiv and Washington marks a significant step in military cooperation and could impact the geopolitical landscape, particularly in Eastern Europe.

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Traders should consider the potential implications for risk assets, as increased military support may escalate tensions in the region, influencing markets like forex (USD, EUR, JPY) and commodities (gold, oil).

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