EU Supports Joint Procurement of Ammunition for Ukraine, Decision to Be Made in March

Individual members of the European Union supported Estonia's proposal for investments for the joint procurement of ammunition for Ukraine's needs; a relevant decision may be taken at the EU summit next month.

This is reported by Bloomberg, writes European Pravda. 

This week, Estonia proposed that European Union countries invest about 4 billion euros to jointly procure the 1 million rounds of ammunition that Ukraine needs this year to repel a Russian invasion.

The proposal has received preliminary support from the Netherlands and Romania. EU foreign ministers are expected to discuss the plan when they meet in Brussels on Monday, and a final decision could be taken at a summit in March.

In addition, the joint purchase of arms may be supported by France, whose prime minister considers such a possibility as part of a call to speed up the supply of arms to Ukraine, and Poland, which has announced the creation of a coalition to finance the production of ammunition for Ukraine.

The decrease in ammunition stocks causes great concern in the EU, as tens of thousands of them are used up every day on the Ukrainian and Russian sides. Although Ukraine uses ammunition more efficiently, it still consumes it faster than Europe is able to produce.

Currently, the USA and the EU are trying to increase production both to supply Ukraine and to replenish their own reserves.

At the same time, British Defence Minister Ben Wallace claims that the lack of ammunition is not a strategic problem for Ukraine's Western allies.