JARAA'IDJARAA'ID
Notification Show More
Latest News
Koch-backed group endorses Nikki Haley in Republican presidential primary
Business
Marquez makes stunning start to life at Gresini, Acosta makes long-awaited debut
Sports
DeSantis PAC snips and clips its way to falsehood in attacking Haley
United States
Niger repeal of anti-migration law applauded as one less ‘colonial fetter’
Africa
All 41 Indian workers trapped in tunnel for 17 days rescued: Minister
Asia
Aa
  • Home
  • Local News
  • Africa
  • United States
  • Europe
  • Asia
  • Sports
  • Videos
  • Live Score
  • More
    • Business
    • Market Data
      • Stocks
      • Commodities
      • Cryptocurrency
      • Forex
    • Weather
Reading: EU countries failing to meet ammunition production demands for Ukraine
Share
Aa
JARAA'IDJARAA'ID
  • Somalia
  • Africa
  • United States
  • Europe
  • Asia
  • Business
  • Sports
  • Videos
Search
  • Home
  • Local News
  • Videos
  • World
    • Africa
    • United States
    • Europe
    • Asia
  • Market Data
    • Stocks
    • Commodities
    • Cryptocurrency
    • Forex
  • More
    • Sports
    • Business
    • Weather
    • Live Score
Have an existing account? Sign In
Follow US
JARAA'ID > Europe > EU countries failing to meet ammunition production demands for Ukraine
Europe

EU countries failing to meet ammunition production demands for Ukraine

News Room
Last updated: 2023/11/14 at 2:56 PM
News Room Published November 14, 2023
Share
SHARE

The European Union promised earlier this year to provide one million rounds of ammunition to Kyiv by next March, but, so far, only 30% of this target has been achieved.

ADVERTISEMENT

At a meeting of the bloc’s defence ministers Tuesday in Brussels, concerns were raised that the EU will be unable to keep its promise.

“We have to assume that the one million target will not be reached,” Boris Pistorius, the German Minister of Defense told reporters.

“There is a question of whether one million was ever realistic. One million is easy to decide and the money is there, but the production has to be there. 

“Unfortunately, the warning voices are now right. We have made a major contribution with our framework agreements and will continue to do so. We are in discussions with the defence industry. Production must be ramped up and accelerated. This is the hour of need [for Ukraine].”

So why is the EU unlikely to be able to deliver on its promise?

One reason is that Europe has given as much as it can from its stocks and now needs to produce more.

According to some experts, taking into account that Ukraine’s artillery uses around 45,000 shells per week, within two months the entire annual production of the European Union could be consumed.

Funding is also a problem when it comes to increasing production.

“One of these problems concerns the defence industry, which needs assurances from the member states that it will not invest unfairly, will not invest resources for new production lines, and after two years the member states will say ‘we don’t need any more ammunition’,” Nikos Votsios, a Greek defence consultant, told Euronews.

“So, they need long-term contracts. Large industries may be able to obtain financing from international markets or have their own resources to invest, but smaller ones should turn to European banking institutions.

“But European banks do not lend to defence industries as a result of taxonomy and the fact that the defence industries have been classified as unsustainable.”

There are also other problems, such as the lack of skilled labour and suitable machinery.

But the European Commissioner for the Internal Market, Thierry Breton, who is responsible for the capacity of production, is optimistic. 

He said that everything is now in the hands of EU countries.

“As far as I am concerned, I am responsible for the ammunition production capacity,” Breton explained. “Production capacity in the European Union has increased by between 20% and 30% since February.”

“I therefore confirm to you that the objective of producing more than one million munitions on an annual basis, that we had set and that we wish to achieve from the spring, will be met. 

“Now it is up to the member states to place the orders.”

As the war in Ukraine approaches the winter, which brings with it more perilous conditions, pressure is mounting. 

ADVERTISEMENT

The White House said on Friday that North Korea has delivered more than 1,000 containers of military equipment and munitions to Russia, meaning Europe and its allies must soon step up.

Read the full article here

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room November 14, 2023
Share this Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

Koch-backed group endorses Nikki Haley in Republican presidential primary

News Room News Room November 28, 2023
Marquez makes stunning start to life at Gresini, Acosta makes long-awaited debut
DeSantis PAC snips and clips its way to falsehood in attacking Haley
Niger repeal of anti-migration law applauded as one less ‘colonial fetter’
All 41 Indian workers trapped in tunnel for 17 days rescued: Minister
PM Hamza visits the displaced people in Kismayo with the UN, Turkish, and Chinese ambassadors.
CIA and Mossad chiefs hold talks in Qatar as Israel-Hamas truce extended
England in West Indies: Jos Buttler reboot? Harry Brook’s time? Will Jofra Archer feature in Caribbean?
- Advertisement -
Ad imageAd image

You Might also Like

Europe

Rich nations should pay ‘fair share’ of humanitarian aid as needs surge – EU commissioner

November 28, 2023
Europe

Why the EU is so worried about China’s anti-espionage law

November 28, 2023
Europe

Climate funds for developing countries will be a key focus at COP28

November 27, 2023
Europe

Gaza humanitarian pause should evolve into permanent ceasefire – EU top diplomat

November 27, 2023
  • Somalia
  • Africa
  • United States
  • Europe
  • Asia
  • Cryptocurrency
  • Forex
  • Stock Market

About US

Jaraa'id is your one-stop website for the latest global and local news and updates, follow us now to get the news that matters to you.
Quick Link
  • Privacy Policy
  • Terms of use
  • Press ReleaseSubmit
  • Advertise
  • Contact
Top Sections
  • Business
  • Sports
  • Videos
  • Market DataLive
  • Weather

Subscribe US

Subscribe to our newsletter to get our Latest articles instantly!

I have read and agree to the terms & conditions

2023 © Jaraa'id. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?