SOURCE: IDRW.ORG TEAM
In a significant development, the Czech Republic has committed to procuring more ammunition from India to support Ukraine in its ongoing conflict with Russia. The announcement follows the successful delivery of Indian-made 125mm HE shells and 20mm mortars to Ukraine from Czech Republic in June.
Earlier this year, India exported a 50,000 of 125mm HE shells and 80,000 120mm mortars to the Czech Republic as part of a defense deal. The Czech Republic has now expressed its intention to increase these orders, leveraging funds from the frozen Russian assets held by the European Union.
The EU has decided to utilize the interest earned on these assets, primarily bonds and securities purchased by the Russian central bank, to establish a fund dedicated to aiding Ukraine. A portion of this fund will be allocated to the Czech Republic for purchasing large-caliber ammunition from India.
This move underscores the growing role of India as a global defense exporter and highlights the strong partnership between India and the Czech Republic. It also demonstrates the EU’s commitment to supporting Ukraine in its fight against Russian aggression.
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