EU aims to increase ammunition production to support Ukraine against Russia.
TL;DR
The European Union plans to allocate over 500 million euros to increase ammunition production to help Ukraine and replenish the stocks of EU member countries. The EU would give subsidies to European arms firms for investments that increase production of ammunition and missiles. The plan will need approval from EU governments and the European Parliament to become reality.
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- EU targets 1 million shells a year as Ukraine saps ammo Bangkok Post
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