Copyright © 2021 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

EU Parliament adopts ammunition production bill to keep supporting Ukraine – DW

EU parliamentarians backed a law to boost ammunition production in the EU for replenishing its own stockpiles and supplying Ukraine in the medium and long term, DW reports.

European Parliament adopted the Act in Support of Ammunition Production (ASAP) on 1 June 2023. This legislative proposal comes from the European Commission and contains measures to urgently increase the ability of the EU defense industry to supply ground-to-ground ammunition, artillery shells and missiles.  

The EU will invest 500 million euros from EU funds to boost their production until 30 June 2025 for the creation of new production capacities, optimization, expansion, modernization or re-profiling of existing capacities, retraining and professional development of employees, the establishment of cross-border industrial partnerships, including public-private partnerships, to secure access to strategic components and raw materials.

 

Related articles:

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!
Total
0
Shares
Related Posts