Slovakia's Grand Power S.R.O. and Ukroboronprom State Concern will start cooperating in small arms production.

The agreement of cooperation was signed by the Slovakian company and Ukroboronservice, part of Ukroboronprom, on Tuesday in Kyiv at the 13th Arms and Security Exhibition.

The concern said that under the agreement the sides will jointly work on new designs, exchange experience and solutions.

Currently Ukroboronprom is expanding technological and industrial cooperation with NATO countries. In 2015 the concern announced its plans to completely switch to NATO standards in defense production by late 2018.