Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
No Result
View All Result
Home World

EU likely to miss 1 million-round ammunition target for Ukraine, says Germany as war grinds on

November 15, 2023
in World
EU likely to miss 1 million-round ammunition target for Ukraine, says Germany as war grinds on
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The European Union’s goal of supplying Ukraine with 1 million rounds of artillery ammunition is unlikely to be achieved, Germany’s defense minister said Tuesday, as Kyiv remains locked in a grinding war of attrition against Russia with winter approaching.

“It can be assumed that the 1 million rounds will not be reached,” Boris Pistorius said ahead of an EU defense ministers meeting in Brussels. EU member states are working with industry to ramp up production, he added.

In March, EU member states agreed to provide Ukraine with 1 million rounds of artillery ammunition for Ukraine to be delivered within 12 months.

Pistorius’ warning came a day after Josep Borrell, the EU’s high representative for foreign affairs and security policy, said the bloc may not meet targets for ammunition production to supply Kyiv by the end of the year, but said efforts were underway to increase production capacity.

In the short term, armies have been asked to provide ammunition from existing stocks, amounting to approximately 300,000 shots, Borrell said.

Borrell added that, on the production side, several contracts had been awarded, but it depends how quickly factories can produce the ammunition.

‘Ringing the bells’

Both Ukraine and Russia need to replenish extraordinary amounts of ammunition as a grinding war of attrition continues in Ukraine’s east and south. According to South Korea’s National Intelligence Service, North Korea has exported more than 1 million shells to Russia since early August. The US has also been ramping up ammunition production to supply Ukraine.

Ukraine’s Foreign Minister Dmytro Kuleba said Kyiv urgently needed the EU to ramp up its ability to supply ammunition for the Ukrainian military.

Ukraine is “ringing the bells a lot and loudly” over EU ammunition supply, he said on national television on Monday night. “I believe that the reason for these issues is not the lack of political will in the EU to support Ukraine,” he said. “There is such political will, but, let’s say, [there is the] deplorable state of the defense industry that is capable of producing a sufficient number of shells, and warehouses, and the ability to conclude foreign contracts.

Since the start of the conflict in Ukraine, Western allies have been openly concerned about their ability to provide Kyiv with the amount of ammunition it requires – and their ability to manufacture fast enough to replenish dwindling stocks.

Western manufacturing of conventional ammunition went into decline following the end of the Cold War, as countries focused instead on modern equipment. Very few seriously believed another large-scale land war would take place in Europe.

This “dressing the shop window” approach helps us understand why European countries had low ammunition stocks going into the Ukraine conflict, but doesn’t explain why things didn’t dramatically improve in the year that followed.

“No private company that is answerable to shareholders will have kept staff and maintained large capacity to produce equipment that people are not buying, so it will be difficult to meet a sudden surge in demand in the short to medium term,” Waldwyn added.

This post appeared first on cnn.com

Previous Post

How to help humanitarian efforts in Israel and Gaza

Next Post

UN mourns the deaths of more than 100 aid workers in Gaza, the highest number killed in any conflict in its history

Next Post
UN mourns the deaths of more than 100 aid workers in Gaza, the highest number killed in any conflict in its history

UN mourns the deaths of more than 100 aid workers in Gaza, the highest number killed in any conflict in its history

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    What we know about the countries on Trump’s travel ban list, and how many people will be impacted

    What we know about the countries on Trump’s travel ban list, and how many people will be impacted

    June 6, 2025
    Israel strikes southern suburb in Beirut

    Israel strikes southern suburb in Beirut

    June 6, 2025
    What is D-Day? How the Normandy landings led to Germany’s defeat in World War II

    What is D-Day? How the Normandy landings led to Germany’s defeat in World War II

    June 6, 2025
    Russia launches aerial assault on Kyiv days after Ukraine’s audacious drone attack on bomber fleet

    Russia launches aerial assault on Kyiv days after Ukraine’s audacious drone attack on bomber fleet

    June 6, 2025
    Disclaimer: bankstreetjournal.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Trump and Melania to headline power-player packed Kennedy Center opening night

    Trump and Melania to headline power-player packed Kennedy Center opening night

    June 4, 2025

    Trump says he’s ‘not happy’ with Putin after massive Ukraine strike

    Trump says he’s ‘not happy’ with Putin after massive Ukraine strike

    May 26, 2025

    Recent News

    What we know about the countries on Trump’s travel ban list, and how many people will be impacted

    What we know about the countries on Trump’s travel ban list, and how many people will be impacted

    June 6, 2025
    Israel strikes southern suburb in Beirut

    Israel strikes southern suburb in Beirut

    June 6, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • World
    • Investing

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved