By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
PRIMA NEWSPRIMA NEWSPRIMA NEWS
Notification Show More
Font ResizerAa
  • Latest News
  • World
  • Business
  • Special Feature
  • Politics
  • Contact
  • About Us
Reading: Money to buy ammo for Kiev flowing too slowly – Prague — RT World News
Share
Font ResizerAa
PRIMA NEWSPRIMA NEWS
Search
  • Home
    • Sports
    • Entertainment
    • Technology
    • Latest News
    • Politics
    • Contact
    • About Us
  • Categories
  • Bookmarks
    • Customize Interests
    • My Bookmarks
  • More Prima
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
PRIMA NEWS > Blog > Uncategorized > Money to buy ammo for Kiev flowing too slowly – Prague — RT World News
Money to buy ammo for Kiev flowing too slowly – Prague — RT World News
Uncategorized

Money to buy ammo for Kiev flowing too slowly – Prague — RT World News

Prima News
Last updated: May 29, 2024 2:33 pm
Prima News
Published: May 29, 2024
Share
SHARE


Just four out of 18 nations have contributed funds to an artillery initiative, the Czech defense minister says

Just four out of 18 countries that vowed to buy more artillery munitions for Kiev have delivered on their commitments, according to the Czech Republic, which is in charge of the initiative.

Prague announced in February that it had found a way of sourcing 800,000 artillery shells from manufacturers outside the EU to support Ukraine’s military campaign against Russia. Other Western nations said they would cover the cost.

Defense Minister Jana Cernochova said on Tuesday that there had been financial and logistical challenges with the initiative. She told journalists: “Funds flow to us gradually; we cannot buy ammunition on debt.

“If some countries have signed a memorandum but have not yet sent funds, we cannot proceed with acquisitions,” she explained after meeting her EU counterparts in Brussels. “It is a bit of an appeal to those governments which have already signed memorandums to send the money.”


NATO country seeks parts to assemble Patriot missile system for Ukraine

Canada, Denmark, the Netherlands, and Portugal were the only donors that had fulfilled their obligations, according to Cernochova. The first shipments of procured munitions to Ukraine will start in early June, she added.

In March, Czech leaders said they had secured financial commitments to cover the full cost of artillery shells. President Petr Pavel said at the time that deliveries were expected within weeks. But national security adviser Tomas Pojar said the country had enough money for only the first batch.

In mid-April, Prime Minister Petr Fiala said the achieved level of funding was sufficient for 500,000 rounds.

Western media have estimated the full cost of the initiative at $1.5 billion. Czech officials floated the possibility of a follow-up purchase of an additional 700,000 rounds, with a total price tag of $3.3 billion for 1.5 million munitions.

READ MORE:
NATO states paying four times more than Russia for shells – media

The Czech proposal was intended to fill a void after EU-based weapons manufacturers failed to supply rounds fast enough to meet Kiev’s battlefield needs. Russia reportedly produces artillery shells at quarter the cost of European and American factories, and is expected to make 4.5 million of them this year, compared to 1.3 million produced by all Western nations combined.

You can share this story on social media:

Follow RT onRT
RT
Ukrainian civilians wounded in Russian attacks as Russia claims gains in the east
Displaced Palestinian Families Struggle to Access Basic Services — Global Issues
Japan stocks record, Singapore retail sales
Ukraine conflict makes Czech arms dealer rich — RT World News
Trump would offer Tesla CEO Elon Musk a Cabinet slot
Share This Article
Facebook Email Print

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Popular News
IEI tells operators to incentivise motorists
Business

IEI tells operators to incentivise motorists

Prima News
Prima News
February 4, 2025
MAN commends FG for suspending 4% FOB levy by Customs
Contractors abandoned 129 projects despite payments – BudgIT
Tantalizers eyes N18bn revenue
Coca-Cola Foundation provides water to Borno communities
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Categories

  • Politics
  • Sports
  • Business
  • Opinion
  • Health
  • Technology
  • Education
  • World

About US

We influence millions of users and Primanews is the number one World, business and technology news network on the planet.

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

© Prima News Network, All Rights Reserved...
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?