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Reuters
Reuters
Business

EU urges members to coordinate arms purchases

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman

The European Union urged the bloc's defence ministers on Wednesday to coordinate purchases of weapons, to obtain better terms from suppliers as they seek to replenish supplies depleted by shipments to Ukraine.

Western countries have been rushing to restock weapons and ammunition after shipping huge quantities to Kyiv, requiring industry to ramp up to meet the surging demand.

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