EU wants to increase production of ammunition to help Ukraine

The European Union (EU) has announced new plans to scale up the production of ammunition. The EU’s effort is to help Ukraine embroiled in war with Russia and improve the geopolitical credibility of the organization. According to analysts, Ukraine is getting ready to launch a counteroffensive to get back the territory occupied by Russia but its ammunition is about to run out. According to him, the western allies have also provided ammunition to Ukraine but, Ukraine has demanded more ammunition from the allies.

“We must help Ukraine, provide them with the ammunition they need,” said Thierry Breton, the EU’s internal market commissioner. We know exactly what is happening on the ground. It wants to use at least one billion euros (US$1.1 billion) in financing, with the goal of providing ammunition to Ukraine and replenishing member states’ stockpiles. For this, half the amount will be provided from the European Union Fund while the remaining amount will be given by the member states.

Breton said the EU still has a large production base. He said he believed Europe might be able to produce large quantities of ammunition for Ukraine by next year. Meanwhile, US officials said on Tuesday that the United States is sending about $300 million in additional military aid to Ukraine, including a large amount of military equipment.

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