close

European Union envoys seal deal on joint ammunition buying for Ukraine

Sweden, current holder of the EU's rotating presidency, said the decision "to support the Ukrainian Armed Forces through $1.10 billion for joint procurement of ammunition and missiles"

Reuters
Ukraine, russia war

Listen to This Article

European Union finalised a scheme on Wednesday to jointly buy ammunition for Ukraine. Ambassadors from the EU’s member countries approved the deal at a meeting in Brussels, ending a dispute over how much of the business from the munitions contracts should stay in Europe. Sweden, current holder of the EU’s rotating presidency, said the decision “to support the Ukrainian Armed Forces through $1.10 billion for joint procurement of ammunition and missiles”.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Also Read

European Union assures Ukraine of support as Zelensky visits Brussels

US to provide military aid of $2.6 bn to Ukraine against Russian forces

Police officer fatally stabbed in suspected Brussels terror attack

DNA fingerprinting of defence personnel has helped in 12 cases: DGAFMS

European Union assists Lebanon's armed forces with 6 million euros

US Fed decides unanimously to hike key benchmark rates by 25 bps

McDonald's franchises fined for child labour violations in the US

Elon Musk threatens to reassign NPR's Twitter account to another firm

Facts to know about Ajay Banga, first Indian-American to head World Bank

Fossils or not? Nations split on how to meet global climate goals

First Published: May 03 2023 | 11:55 PM IST