EU members decided on joint ammunition procurement for Ukraine

By Defence Industry Europe

“The EU Ambassadors approved decision on assistance measure under the European Peace Facility to support the Ukrainian Armed Forces through 1 billion euros for joint procurement of ammunition and missiles”, Sweden, which holds the presidency of the Council of the European Union, announced on social media.

 

 

Sweden did not disclosed the details on the decision approved by the ambassadors of the European Union member states.

However, the Euractiv website has seen the draft of the agreement which will enter into force on May 5 if no EU member states objects.

According to Euractiv, the agreement allows the joint purchase of 155mm artillery rounds and, if requested by Ukraine, missiles from economic operators established in the European Union or Norway producing these ammunitions and missiles in the European Union and Norway.

The compromise text now states that ammunitions and missiles which have undergone an important stage of manufactured in the Union or Norway, which consists of the final assembly, shall also be deemed eligible.

When it comes to supply chains, those “may include operators established or having their production outside of the Union or Norway.

 

Read more – visit Euractiv website.

 




 

Tags:

Related news & articles

Latest news

Featured