The Rearm Europe initiative, offered by the European Fee, is designed to allocate a part of its funds to rearm Ukraine's navy.
Supply: European Commissioner Valdis Dombrovskis in Kyiv, responding to a query from European Pravda
Particulars: Dombrovskis recalled that the €800 billion Rearm Europe initiative, created to finance the rearmament of the Ukrainian military, encourages cooperation between European and Ukrainian defence firms as certainly one of its key parts.
One other part of the initiative entails offering EU member states with €150 billion for joint navy tools procurement. "This have to be navy tools produced within the EU, the European Financial Space, or manufactured in Ukraine," the commissioner reiterated.
Responding to European Pravda's query, Dombrovskis emphasised that tools procured via this mechanism may be allotted to the Ukrainian Armed Forces.
"This can be utilized to offer navy help to Ukraine," he acknowledged.
The European Fee’s proposal doesn’t require member states to allocate a selected portion of funding to the Ukrainian forces, however it consists of provisions that enable for such transfers. "Offering EU member states with further fiscal flexibility will definitely make it simpler for them to make these choices," he defined.
"We don’t specify the varieties of items – this could possibly be ammunition, artillery, or different tools," the commissioner added.
Dombrovskis additionally outlined in Kyiv how the EU will help Ukraine’s price range via the tip of 2025.
Background: The EU's White Paper on Defence consists of provisions for delivering 2 million shells to Ukraine yearly.
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