Europe (Washington Insider Magazine) – On Thursday, the European Parliament passed the Act in Support of Ammunition Production (ASAP), a significant measure aimed at boosting EU production of ammunition and missiles to counter current shortages. This act is central to accelerating defense supplies to Ukraine and aiding EU member states in restocking their arsenals amidst growing demands.
ASAP’s framework, developed alongside the Council, seeks to increase the EU’s ammunition production by introducing targeted strategies and funding mechanisms. A €500 million budget has been allocated to support expanded production of artillery ammunition, missiles, and essential components, a critical move for meeting immediate defense needs.
During the discussions with the Council, Members of the European Parliament (MEPs) secured funding provisions to benefit a diverse range of projects, prioritizing small and medium-sized enterprises (SMEs) with higher funding rates. Importantly, MEPs ensured the new financing will not detract from existing cohesion funds, addressing concerns over the potential reallocation of resources. They also reinforced commitments that EU-funded ammunition delivered to Ukraine will remain exempt from export restrictions, ensuring it reaches the front lines without delay.
Cristian Bușoi, the EP negotiating team leader, remarked on the legislation’s strategic importance, stating, “Today’s vote marks another step forward for Europe’s security and defense, and in our steadfast support of Ukraine. It is a testimony of Europe’s solidarity and for our collective security.”
The act, approved with a vote of 505 to 56 and 21 abstentions, now awaits Council endorsement to become law.
