Amid the Russian invasion of Ukraine, the EU (European Union) leaders will endorse a deal aimed at sending to Ukraine 1 million rounds of artillery shells in the upcoming months.
Earlier, this week, during a meeting of foreign and defence ministers, and leaders gathered at a summit in Brussels, the fast-track procedure was adopted. It is said that the development will give it a political blessing, according to several senior EU diplomats.
As Ukraine facing shortages of ammunition to fight Russia, the idea of setting up a joint purchasing plan of action similar to the one devised during the COVID-19 pandemic to buy vaccines was first brought to the table last month by Estonian Prime Minister Kaja Kallas.
Addressing the gathering the EU foreign policy chief, Josep Borrell said that he has won approval for his proposal to provide 1 billion euros (USD 1.1 billion) to encourage member nations to provide artillery shells from their stocks and any orders for new rounds that they might have placed with industry.
A further 1 billion euros would also be used to fast-track new orders and encourage countries to work together on those purchases through the European Defence Agency or in groups of at least three nations.
As per the media reports, Germany has already called for countries to join its own effort, which Berlin believes will go faster.
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Among the 27 EU countries, Hungary has announced it will not take part in the supply of ammunition to Ukraine, citing its commitment to peace, but said it will not prevent other members from doing so by blocking the deal.
Last month, Hungary’s Prime Minister Viktor Orban said the bloc is partly to blame for prolonging Russia’s war in Ukraine by sanctioning Russia and supplying Ukraine with money and weapons, rather than seeking to negotiate peace with Moscow.
According to several surveys, Ukraine is firing 6,000-7,000 artillery shells daily, around a third of Russia’s total, one year into the war.
Moreover, the EU Leaders will discuss the possibility of topping up with an extra 3.5 billion euros the European Peace Facility — a fund being used to reimburse member countries that provide weapons, ammunition and military support to Ukraine.
At their two-day meeting, leaders will be joined by UN Secretary-General Antonio Guterres for lunch on Thursday, and Ukrainian President Volodymyr Zelenskyy will address the meeting via video link.
Other topics of discussion will include the bloc’s competitiveness and its response to the USD 369 billion US Inflation Reduction Act. Friday’s discussions will focus on the economic and financial situation.
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