The EU's ASAP includes a bail-out type mechanism to address potential financial losses to the arms industry, should the "concern" that the Ukraine war ends become a reality (Photo: Yarden Sachs)

How the arms industry wins whether Ukraine wins or loses

EU Political

Ukraine

Opinion

by Niamh Ní Bhriain, Amsterdam,

Last week the European Parliament voted overwhelmingly to approve the Act in Support of Ammunition Production (ASAP), the latest EU measure framed as a response to Russia's war against Ukraine.

The act provides for faster delivery of weapons to Ukraine, the replenishment of EU member states' arsenals and a €500m 'Ramp-up Fund' ...

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EU Political Ukraine Opinion

Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Niamh Ní Bhriain is war and pacification programme coordinator at the Transnational Institute, the Amsterdam-based NGO founded in 1974 as the international programme of the Washington DC-based Institute for Policy Studies, advocating for justice, democracy, and sustainability.

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The EU's ASAP includes a bail-out type mechanism to address potential financial losses to the arms industry, should the "concern" that the Ukraine war ends become a reality (Photo: Yarden Sachs)