NSDC to initiate allocation of 54 mil. USD for an ammunition plant

Source : 112 Ukraine

The plant is to comply with NATO standards
19:57, 10 July 2017

Presidential Administration press office

The National Security and Defense Council of Ukraine (NSDC) will initiate allocation of 54 million USD for constructing an ammunition plant on NATO standards, as Ukraine’s President Petro Poroshenko told during NSDC meeting broadcasted by 112.UA Channel.

“I suggested constructing an ammunition plant using the newest technologies, in full compliance with NATO standards. The plant will produce ammunition of principal calibers. The suggestion is to allocate 54 million USD. It will provide opportunity not only to accumulate ammunition, but also to produce our own. We have to restore the power Ukraine had before Russian occupation. I see it as one of the highest priorities,” he said.

The President also added that the NSDC will initiate allocation of 61 mln. USD for purchasing armament and military hardware.

Related: NATO assigns € 40 mln via trust funds to support Ukraine, - Stoltenberg

Related: North Atlantic Council confirm its support for Ukraine’s sovereignty, - Stoltenberg

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