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Free AccessDef Min Pistorius: Agreement On Joint Procurement To Be Signed Today
German Defence Minister Boris Pistorius has told reporters that he believes EU defence ministers, "will sign an agreement on the joint procurement of ammunition for Ukraine today."
- Pistorius said: "Denmark and Netherlands are interested in joining German framework deals for procurement of ammunition."
- EU High Rep for Foreign Affairs and Security Policy, Josep Borrell, said yesterday: “I hope that the ministers will, all of them, engage in a final discussion and agree on a very important decision. Otherwise we will be in difficulties in order to continue to supplying arms to Ukraine.”
- Borrell said this morning that he is confident that EU defence contractors can meet obligations for Ukraine: "I am confident, certainly because I am not an optimist. I am an activist."
- Euractiv warns: "After 12 months of eating into their stockpiles, there are questions about how much EU countries can share immediately without leaving themselves vulnerable."
- A senior EU official told Euractiv: “There is a real issue regarding the level of our stockpiles,“ adding that "several member states have also expressed such worries."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.