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Home » EU seals plan to send a million artillery shells to Ukraine
WORLD

EU seals plan to send a million artillery shells to Ukraine

AgencyBy AgencyMarch 21, 2023No Comments
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European Union countries on Monday agreed a 2 billion euro plan to send 1 million artillery rounds to Ukraine over the next year by digging into their own stockpiles and teaming up to buy more shells. “We have reached a political consensus to send to Ukraine one million rounds of 155 mm calibre ammunition,” Estonian Defence Minister Hanno Pevkur told reporters on the sidelines of a meeting of EU foreign and defence ministers in Brussels. “There are many, many details still to (be) solved but for me, it is most important that we conclude these negotiations and it shows me one thing: If there is a will, there is a way,” said Pevkur, whose country had championed the move. The plan approved by the ministers was based on a proposal from EU foreign policy chief Josep Borell to spend 1 billion euros ($1.07 billion) on shells from stockpiles to get more supplies to Kyiv soon, and 1 billion more on joint procurement. The joint procurement will be limited to companies from the EU and Norway, which has close economic ties to the bloc. Some EU governments wanted the initiative to be open to a broader market, arguing this would help get munitions more quickly to Ukraine. But others said EU money should go to EU companies and insisted they would have capacity to meet demand. As part of the initiative, a group of 17 EU members plus Norway signed a document known as a project arrangement, setting out the terms of a joint endeavour to swiftly buy 155 mm ammunition and a longer-term program to buy other ammunition. Such a move marks a significant step in EU integration as defence procurement in the European Union has largely been in the hands of individual member governments until now. The new joint procurement effort will be led by the EU’s European Defence Agency, which said the common approach was “the best option to achieve cost reduction from economies of scale”.

EU seals plan to send a million artillery shells to Ukraine
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