BR100 Increased By (0.34%)
BR30 Increased By (0.77%)
KSE100 Increased By (0.26%)
KSE30 Increased By (0.25%)
BECO 5.75 Increased By ▲ 0.36 (6.68%)
BML 57.25 Decreased By ▼ -0.21 (-0.37%)
BOP 36.80 Increased By ▲ 0.49 (1.35%)
CNERGY 8.40 Increased By ▲ 0.19 (2.31%)
DCL 12.02 Increased By ▲ 0.19 (1.61%)
FCCL 58.83 Decreased By ▼ -0.45 (-0.76%)
FCSC 5.00 Decreased By ▼ -0.01 (-0.2%)
FFL 17.95 Increased By ▲ 0.10 (0.56%)
FNEL 1.26 No Change ▼ 0.00 (0%)
HUMNL 11.45 Decreased By ▼ -0.05 (-0.43%)
KEL 8.30 Decreased By ▼ -0.03 (-0.36%)
KOSM 6.63 No Change ▼ 0.00 (0%)
MLCF 108.50 Increased By ▲ 1.07 (1%)
NBP 206.11 Increased By ▲ 1.10 (0.54%)
PACE 11.15 Increased By ▲ 0.05 (0.45%)
PAEL 45.50 Increased By ▲ 0.08 (0.18%)
PIAHCLA 30.88 Decreased By ▼ -0.88 (-2.77%)
PIBTL 19.03 Increased By ▲ 0.18 (0.95%)
PPL 245.40 Increased By ▲ 1.66 (0.68%)
PRL 36.15 Decreased By ▼ -0.09 (-0.25%)
PTC 72.20 Increased By ▲ 0.13 (0.18%)
SEARL 96.55 Increased By ▲ 1.97 (2.08%)
SSGC 31.97 Increased By ▲ 0.12 (0.38%)
TELE 9.28 Increased By ▲ 0.26 (2.88%)
THCCL 68.20 Decreased By ▼ -0.27 (-0.39%)
TPLP 11.26 Increased By ▲ 0.54 (5.04%)
TREET 25.75 Decreased By ▼ -0.14 (-0.54%)
TRG 67.95 Increased By ▲ 3.64 (5.66%)
WAVES 11.02 Increased By ▲ 0.11 (1.01%)
WTL 1.29 No Change ▼ 0.00 (0%)
By

LONDON: The UK announced on Saturday a new £245 million ($311 million) defence package to help boost the production of “urgently needed artillery ammunition” for Ukraine, two years after war broke out with Russia.

Defence Secretary Grant Shapps said Ukraine’s armed forces “against all odds” had recaptured large parts of the land seized by Russia in its 2022 invasion.

“But they cannot win this fight without the support of the international community – and that’s why we continue to do what it takes to ensure Ukraine can continue to fight towards victory,” he added.

The new funding will be used to “procure and invigorate supply chains to produce urgently needed artillery ammunition to boost Ukraine’s reserves,” said the Ministry of Defence (MoD).

Ukraine has been “particularly noted for its highly effective use of its artillery”, which has “proved critical to Ukraine’s battlefield successes, continuously degrading Russia’s forces and preventing them from making significant breakthroughs,” the MoD added.

One dead after downed Russian drone hits Ukraine apartment

In an update to parliament on Thursday, Shapps confirmed the delivery of an additional 200 Brimstone anti-tank missiles, bringing the total number to more than 1,300.

He also announced the UK will co-lead an international coalition that will supply thousands of drones to Ukraine.

While the total of Ukraine’s military losses remains undisclosed by Kyiv, US officials reportedly estimate that about 70,000 soldiers have been killed and 120,000 others injured.

Losses are also heavy on the Russian side, but Moscow appears to be able to fill its ranks through coercion and financial incentives – on top of having a bigger population.

Saturday is the second anniversary of Russia’s full-scale invasion of its neighbour.

Comments

Comments are closed for this article.