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EU urges members to work together to renew weapons stocks

EU urges members to work together to renew weapons stocks

ABC News
Wednesday, May 18, 2022 03:40:27 PM UTC

The European Union is urging member countries to quickly replenish their depleted stocks of ammunition and military equipment

BRUSSELS -- The European Union on Wednesday urged member countries to quickly replenish their depleted stocks of ammunition and military equipment, and offered financial incentives to those willing to work together to replace materiel sent to Ukraine.

Many of the EU’s 27 members have sent equipment to help Ukrainian troops since Russia invaded on Feb. 24. At first it was mostly ammunition, but now includes portable missiles to destroy warplanes and tanks, as well as heavier equipment.

The EU’s executive branch, the European Commission, is offering a fund of 500 million euros ($526 million) over two years to countries willing to work in groups of at least three to replenish their stocks. Officials declined to say, for security reasons, exactly what kinds of shortages nations have.

The commission is also ready to provide incentives to encourage countries to replace their Soviet-era stocks of battle tanks, heavy artillery and armored vehicles. Some have already been supplying these to Ukraine, whose troops are trained to use them, and want to replace the equipment.

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