The European Council reported that the European Union Council (EU) and the European Parliament (EP) have reached an agreement to expand ammunition production in EU countries. area.
According to the report, the Presidency of the Council reached a preliminary agreement with representatives of the European Parliament on the Ammunition Support Act (ASAP). This decision will make it possible to allocate 500m euros from the EU budget to increase the production of ammunition and missiles. The plan also provides for a long-term increase in European ammunition production for Ukraine and EU member states.
Spanish Defense Minister Margarita Robles noted that this agreement will strengthen and accelerate the production of ammunition and missiles in Europe. He stressed the importance of this move in supporting Ukraine, strengthening the EU’s defense technology and industrial base, and ensuring the safety and protection of EU citizens.
The Ammunition Expansion Project includes missiles for rocket and artillery systems and air defense systems. It is aimed to attract investments to increase production capacity, increase the supply of raw materials, equipment and the number of jobs. The plan foresees the production of 1 million ammunition within 12 months.
The preliminary agreement needs to be approved by the European Council and the EP. It is expected to be signed and entered into force by the end of July.
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