“The amendments to the Arms Act will increase the ability of our companies to compete when entering both domestic and foreign markets. Reducing bureaucracy will give businesses more resources to engage in the development and production of their products and services. The changes in the law will also provide greater opportunities to attract international partners and additional capital to develop production and increase production volumes, which will add up to a greater defence capability of the country,” said Kalev Koidumäe, CEO of the Estonian Defence and Aerospace Industries Association.
The article is also avaliable in Estonian here