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May 18, 2022

France to increase weapon deliveries to Ukraine

France has also delivered more than 800 tonnes of humanitarian aid to Ukraine since the launch of the Russian invasion.

Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict

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Latest Updates on the Ukraine/Russia Crisis

Whilst at its core a humanitarian crisis, the Russian invasion of Ukraine risks adding materially to existing global economic and supply challenges. We are likely heading into a period in which geopolitics will become a regular part of boardroom discussions. Recent developments have seen Russian companies make significant progress around the world to supply countries with equipment in various Aerospace, Defense & Security sectors. This means that countries dependent on Russian arms for their security calculations should review all purchases and clauses regarding their programs and payments. Download GlobalData’s 5th Ukraine Conflict Executive Briefing to learn more. This report is part of a continued series that is renewed monthly with the latest data and analysis, as the conflict develops and has wider implications across sectors. Access the latest macro-economic forecasts, charts with the latest data, and our updated sanctions tracker, as well as our updated sector scorecards to reflect the current views on the impact of the crisis at a company level.
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France is set to increase weapon deliveries to Ukraine to help the latter in the wake of Russian aggression.

According to the Elysee presidential office in Paris, French President Emmanuel Macron held a telephone conversation with his Ukrainian counterpart Volodymyr Zelensky.

During the call, President Macron committed that arms deliveries from France will continue and will ‘increase in intensity’ in the following days.

Besides military aid, France will continue sending humanitarian support to the embattled nation.

Last week, France, a Nato member, delivered 13 additional relief vehicles to Ukraine. It has sent more than 800 tonnes of humanitarian aid to Ukraine since the launch of the Russian invasion on 24 February this year.

The two presidents also talked regarding security guarantees that France may offer Ukraine as part of an international agreement.

A senior German government official told Reuters that the finance ministers from the G7 countries are planning to offer a €15bn ($15.8bn) aid package to Ukraine. The aid will help Kyiv’s finances as revenue collection collapsed in the country.

Nato deputy secretary general Mircea Geoană also conducted a meeting with the Foreign Affairs Council of the European Union (EU) to discuss military support for Ukraine.

“The Deputy Secretary General and EU ministers exchanged views on the Russian aggression against Ukraine and discussed additional ways to further support Ukraine, including by providing military assistance. The Minister of Defence of Ukraine, Oleksiy Reznikov, joined the meeting via video conference,” the statement said.

Ukraine has started deploying US-supplied M-777 Howitzers at front lines to increase its fire power.

The Howitzers have a maximum firing range of 24.7km, with unassisted rounds, and 30km with rocket-assisted rounds.

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Free Report
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Latest Updates on the Ukraine/Russia Crisis

Whilst at its core a humanitarian crisis, the Russian invasion of Ukraine risks adding materially to existing global economic and supply challenges. We are likely heading into a period in which geopolitics will become a regular part of boardroom discussions. Recent developments have seen Russian companies make significant progress around the world to supply countries with equipment in various Aerospace, Defense & Security sectors. This means that countries dependent on Russian arms for their security calculations should review all purchases and clauses regarding their programs and payments. Download GlobalData’s 5th Ukraine Conflict Executive Briefing to learn more. This report is part of a continued series that is renewed monthly with the latest data and analysis, as the conflict develops and has wider implications across sectors. Access the latest macro-economic forecasts, charts with the latest data, and our updated sanctions tracker, as well as our updated sector scorecards to reflect the current views on the impact of the crisis at a company level.
by GlobalData
Enter your details here to receive your free Report.

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