EU Agrees to Push Ahead on Joint Arms Buying to Aid Ukraine

08 March 2023, Sweden, Stockholm: Minister of Defense of Ukraine Oleksii Reznikov speaks to the media ahead of an informal meeting of the EU Defense Ministers. (European Council/dpa)
08 March 2023, Sweden, Stockholm: Minister of Defense of Ukraine Oleksii Reznikov speaks to the media ahead of an informal meeting of the EU Defense Ministers. (European Council/dpa)
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EU Agrees to Push Ahead on Joint Arms Buying to Aid Ukraine

08 March 2023, Sweden, Stockholm: Minister of Defense of Ukraine Oleksii Reznikov speaks to the media ahead of an informal meeting of the EU Defense Ministers. (European Council/dpa)
08 March 2023, Sweden, Stockholm: Minister of Defense of Ukraine Oleksii Reznikov speaks to the media ahead of an informal meeting of the EU Defense Ministers. (European Council/dpa)

European Union countries agreed on Wednesday to speed up supplies of artillery rounds and buy more shells to help Ukraine but still have to work out how to turn these aims into reality.

Under a plan drawn up by foreign policy chief Josep Borrell, EU states would get financial incentives worth 1 billion euros ($1.06 billion) to send more of their artillery rounds to Kyiv while another 1 billion euros would fund joint procurement of new shells.

"There has been a general agreement on this procedure but there are questions pending. Everything has to be discussed in detail," Borrell said after a meeting of EU defense ministers in Stockholm also attended by their Ukrainian counterpart Oleksii Reznikov.

Borrell said he hoped the plan would be finalized at a meeting of EU foreign and defense ministers on March 20.

Reznikov had urged the ministers in Stockholm to support an Estonian plan for EU countries to club together to buy 1 million 155-millimeter shells this year at a cost of 4 billion euros to help fight Russia's invasion and launch a counter-offensive.

Borrell's plan is smaller in scale but would still be a landmark step for the EU as defense procurement has largely been the preserve of the bloc's individual member governments.

Boosting capacity

EU officials say if the bloc places a large order on behalf of member governments, they will get a better price and give arms firms a strong incentive to invest in increasing capacity.

However, officials said there was still much work to be done to hammer out details such as how the funding would work and who would take the lead in sealing deals with arms firms.

Ukraine is burning through shells faster than its allies can make them, officials say, prompting a renewed search for ammunition and ways to ramp up production.

Reznikov said Ukraine wanted 90,000 to 100,000 artillery rounds per month. "We need to move forward as soon as possible," he told reporters before the meeting.

But EU ministers and officials have been unable to say how much capacity Europe's defense industry has to provide the shells Ukraine needs.

Dutch Defense Minister Kajsa Ollongren said she had proposed that industry leaders join the March 20 meeting.

"We are talking a lot about industry. I suggested we should also talk with industry," she said.

Funding will also be a subject for further debate.

While Estonia said EU countries should provide fresh money for joint procurement, Borrell has proposed using cash already allocated to an EU-run fund, the European Peace Facility.

German Defense Minister Boris Pistorius said Wednesday's discussions about joint procurement were "right and necessary" but should not distract from the fact that it would take time for industry to ramp up capacity.

"We have to face the truth. Just because we all place more orders does not mean there is more ammunition. It has to be produced before it can be delivered," he said.



South Korean Opposition Leader Lee Opens Presidential Bid Following Yoon's Ouster

People watch a TV screen showing former South Korea's main opposition Democratic Party leader Lee Jae-myung announces his presidential bid via a video message at the Seoul Railway Station in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Ahn Young-joon)
People watch a TV screen showing former South Korea's main opposition Democratic Party leader Lee Jae-myung announces his presidential bid via a video message at the Seoul Railway Station in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Ahn Young-joon)
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South Korean Opposition Leader Lee Opens Presidential Bid Following Yoon's Ouster

People watch a TV screen showing former South Korea's main opposition Democratic Party leader Lee Jae-myung announces his presidential bid via a video message at the Seoul Railway Station in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Ahn Young-joon)
People watch a TV screen showing former South Korea's main opposition Democratic Party leader Lee Jae-myung announces his presidential bid via a video message at the Seoul Railway Station in Seoul, South Korea, Thursday, April 10, 2025. (AP Photo/Ahn Young-joon)

South Korean opposition leader Lee Jae-myung, widely seen as the front-runner in a presidential by-election triggered by the removal of Yoon Suk Yeol last week, announced his presidential bid Thursday, vowing to heal a starkly divided nation through economic growth.

Lee, who narrowly lost the 2022 election to Yoon, led the liberal Democratic Party’s campaign to oust the former president over his December declaration of martial law.

Lee recently stepped down as the party’s chairman to focus on campaigning for the June 3 election. He is considered the clear front-runner in party's primary. Kim Dong-yeon, the Democratic governor of Gyeonggi province and a longtime financial policymaker, also told reporters Wednesday that he intends to run for president.

Yoon’s downfall has left the conservative People Power Party in disarray, with roughly 10 politicians expected to seek the nomination, reflecting a split between Yoon loyalists, who still control the party’s leadership, and reformists calling for a fresh start.

In a video message, Lee said that Yoon’s martial law saga exposed the country’s deep divisions and social conflicts, and argued that the root cause was a widening rich-poor gap. He promised aggressive government spending to jolt economic growth and ease income polarization.

“We have more than we did in the past, but wealth is too concentrated in certain areas,” Lee said. “With economic growth rates declining worldwide, it has become difficult to maintain and develop an economy solely on the strength of the private sector. However, with government-led talent development and extensive investments in technological research and development, we can revive the economy.”

Lee said it was crucial to maintain a robust alliance with the United States and to pursue three-way cooperation with Japan, but he stressed that South Korea’s national interest should come first in “every decision.”

Lee, who has served as a lawmaker, provincial governor and city mayor, is adored by supporters for his outspoken style and has long positioned himself as an anti-elitist. His critics view him as a populist who stokes division and demonizes conservative opponents while failing to offer realistic funding plans to achieve his ambitious goals.

Kweon Seong-dong, PPP floor leader and a staunch Yoon loyalist, said that if Lee becomes president, he will “ruthlessly wield the sword of dogmatism and retribution” and further deepen the country’s divisions.

Lee also has his own set of legal troubles, facing five different trials for corruption and other criminal charges.

Earlier this month, the Constitutional Court upheld Yoon’s impeachment by the legislature and formally removed him from office over the martial law decree, triggering a presidential by-election within 60 days. The next president will serve a full 5-year term.

Former PPP leader Han Dong-hoon, head of the party’s anti-Yoon faction, announced his presidential bid Thursday, positioning himself as a conservative who opposed martial law and appealing to centrist voters to stop the inauguration of a populist “monster government” led by Lee. Among the conservatives’ presidential hopefuls, former Labor Minister Kim Moon Soo is considered to be the most pro-Yoon.

Kim, Daegu Mayor Hong Joon-pyo and senior PPP lawmaker Ahn Cheol-soo — a former computer software entrepreneur who finished third in the 2017 presidential vote — have declared their intentions to run for president. Seoul Mayor Oh Se-hoon is expected to enter the race later.