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"
)
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”.
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Topics : European Union Ukraine Sweden
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 03 2023 | 11:55 PM IST
