EU Fee provides 500 million euros to companies to spice up ammunition manufacturing capability

BRUSSELS: The European Fee on Friday introduced 500 million euros ($544.30 million) in funding awards to European corporations to ramp up ammunition manufacturing capability beneath a scheme to get extra shells to Ukraine and replenish the stockpiles of European Union nations.The funding awards beneath the ASAP scheme ranged from 47 million euros to 2.1 million […]

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EU targets Chinese language companies, North Korea in new Ukraine struggle sanctions

BRUSSELS: The EU on Wednesday agreed to ban exports to a few mainland Chinese language companies and blacklist North Korea’s defence minister in new sanctions for the second anniversary of Russia’s struggle on Ukraine, officers stated.The contemporary spherical of measures — the thirteenth since Russian president Vladimir Putin’s February 2022 invasion — general targets some […]

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