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3/8/23

Ukraine war: EU member states agreed in principle, to jointly procure amunition worth several billion Euro's, for Ukraine war effort.

EU countries on Wednesday agreed to speed up supplies of artillery rounds and buy more shells to.   help Ukraine but still have to work out how to turn these aims into reality.

Under a plan drawn up by foreign policy chief Josep Borrell, EU states would get financial incentives worth €1 billion ($1.06 billion) to send more of their artillery rounds to Ukraine while another €1 billion would fund joint procurement of new shells.

"There has been a general agreement on this procedure but there are questions pending. Everything has to be discussed in detail," Borrell said after a meeting of EU defense ministers in Stockholm also attended by their Ukrainian counterpart Oleksii Reznikov.

Borrell said he hoped the plan would be finalized at a meeting of EU foreign and defense ministers on March 20.

Read more at: https://www.dw.com

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