KYIV, May 12 – The largest German concern for arms production, Rheinmetall, concluded an agreement with the Ukroboronprom State Concern on the creation of a joint venture for repair of tanks in Ukraine, Rheinmetall CEO Armin Papperger has said in an interview with Handelsblatt.

"Rheinmetall has created a joint venture with Ukrainian state company Ukroboronprom. Tank cooperation is just the first step," the publication said on Friday.