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Ukraine is betting on joint weapons production in its territory, and the EU promises to produce 1.3 million shells by the end of the year.

Ukraine is betting on joint weapons production in its territory, and the EU promises to produce 1.3 million shells by the end of the year.

The EU will spend €300M of revenues from frozen Russian assets to purchase weapons for Ukraine from French manufacturers.

Ukraine is interested in creating joint production facilities with Western defense companies and its defense industry, said Deputy Minister of Defense of Ukraine Ivan Gavryliuk.

“Now our private and state companies can produce more weapons than the state can buy from them. So, we are trying to convey to our partners that it is worth increasing the financing of the Ukrainian defense industry so that we can buy weapons from our own companies,” said Gavryliuk.

After all, this saves money on logistics, and the production process in Ukraine is much cheaper. In addition, these collaborations would often not require the creation of enterprises from scratch but rather modernization of existing facilities, after which these plant could produce, for example, more armored vehicles.

Meanwhile, European Commissioner for Internal Market of the EU Thierry Breton said that the EU will be able to produce 1.3-1.4 million shells by the end of the year to provide military aid to Ukraine and replenish its stocks.

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