The Kyiv Independent launches travel show
Skip to content
Edit post

Bloomberg: Ukraine’s allies have almost finished collecting funds to purchase shells through Czech-led allied initiative

by Kateryna Hodunova March 6, 2024 11:22 PM 2 min read
A Ukrainian soldier prepares 155mm artillery shells in his fighting position in Donetsk Oblast on Aug. 6, 2023. Photo for illustrative purposes. (Diego Herrera Carcedo/Anadolu Agency via Getty Images)
This audio is created with AI assistance

Ukraine’s allies have nearly raised the required funding to buy 800,000 artillery shells through a Czech-led allied initiative, Bloomberg reported on March 6, citing a government official familiar with the matter.

As $60 billion in aid for Ukraine from the U.S. remains stalled in Congress, Ukrainian Armed Forces continue to face critical ammunition shortages.

Czech President Petr Pavel said in February at the Munich Conference that Prague had found 500,000 155 mm shells and 300,000 122 mm shells outside Europe that could be sent to Ukraine within weeks if the necessary funds were allocated to the initiative.

Canada, Belgium, Netherlands, and Denmark have already publicly committed to the Czech-led initiative.

Germany and Latvia also announced joining the initiative on March 6.

Germany will pledge a "three-digit-million euro sum" to the Czech initiative, according to Chancellor Olaf Scholz's spokesman Steffen Hebestreit, AFP reported.

Latvian Defense Minister Andris Spruds wrote on X (formerly Twitter) that Latvia would join the initiative without mentioning the amount of funds contributed.

The commitments mean that the shells could be delivered to Ukraine "in a matter of weeks," Bloomberg reported, citing separate people who spoke on the condition of anonymity.

"The precise timing would depend on contractual and delivery schedules, and could slip," the people warned, Bloomberg wrote.

President Volodymyr Zelenskiy said on March 6 at a joint press conference with Greek Prime Minister Kyriakos Mitsotakis that there is "positive progress regarding the Czech initiative."

"But we can assess positive results when the shells are in Ukraine," Zelensky added.

Ukraine war latest: Russia launches missile strike at Odesa during Zelensky, Greek PM visit, killing 5
Key developments on March 6: * Russia attacks Odesa during visit of Greek PM with Zelensky, 5 killed * Cameron: London ready to loan Ukraine all frozen Russian assets in UK * Military intelligence: Attack on Russian Sergey Kotov vessel injures at least 27 * Kursk Oblast mining plant damaged in…

News Feed

11:58 AM

Ukraine invites UN, Red Cross to Kyiv-held part of Kursk Oblast.

"Since the first day of the Kursk operation, Ukraine's Defense Forces demonstrated full adherence to international humanitarian law as a professional army with high standards and values of freedom and human life," Foreign Minister Andrii Sybiha said on X.
6:56 AM

Air defense repels mass drone attack against Kyiv.

Air defense forces intercepted "almost two dozen" Russian drones over the city's airspace, authorities said. There were no casualties or damage in Kyiv as a result of the attack, according to preliminary reports.
12:47 AM  (Updated: )

Trump safe after shots fired at golf course.

A man has been taken into custody and the FBI is investigating the incident as an apparent assassination attempt against former U.S. President Donald Trump.
2:35 AM

Russian aircraft detected near Alaska for third time in 1 week.

Two Russian IL-38 military aircraft were detected and tracked while operating in the Alaska Air Defense Identification Zone (ADIZ) on Sept. 14, marking the third such incident in one week, the North American Aerospace Defense Command (NORAD) reported on Sept. 15.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.