EU hammers out €2b ammunition plan for Ukraine

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EU hammers out €2b ammunition plan for Ukraine
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BRUSSELS, March 20 — European Union ministers today will look to sign off on a €2 billion (RM9.56 billion) plan to raid their stockpiles and jointly purchase desperately needed...

BRUSSELS, March 20 — European Union ministers today will look to sign off on a €2 billion plan to raid their stockpiles and jointly purchase desperately needed artillery shells for Ukraine.

“Time is of the essence: we need to deliver more artillery ammunition and we need to deliver faster,” EU foreign policy chief Josep Borrell has said. Countries have been wrangling over details, like whether the EU’s defence agency or member states would negotiate the orders and if they should buy only from producers in Europe.

“We don’t know, member state by member states, the state of their stocks but we think that there is still some ammunition” available, an EU official said. Ukraine’s consumption of ammunition currently far outstrips the amounts its Western backers are manufacturing.

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