Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Germany ramps up military exports, mainly to arm Ukraine

FILE PHOTO: German Chancellor Olaf Scholz gets off a German self-propelled anti-aircraft gun Flakpanzer Gepard with head of training at arms manufacturer Krauss-Maffei Juergen Schoch and CEO of Nexter Defense Systems Frank Haun, during a visit of the training program for Ukrainian soldiers on the Gepard anti-aircraft tank in Putlos near Oldenburg, Germany August 25, 2022. Axel Heimken/Pool via REUTERS

German exports of military equipment have surged so far this year as Berlin supplies arms to Ukraine to help it defend itself against Russia's attack, the Economy Ministry said on Wednesday.

By Aug. 24, the value of authorised military exports totalled just under 5.1 billion euros ($5.11 billion), up from some 2.9 billion euros at the same time last year, the ministry said.

Chancellor Olaf Scholz vowed on Monday that Germany will keep up its support for Ukraine "for as long as it takes".

Russia invaded Ukraine on Feb. 24 for what it calls a "special military operation" to demilitarise its neighbour.

Ukraine and the West describe it as an unprovoked war of aggression that has killed thousands, displaced millions, created food shortages and pushed up energy prices amid unprecedented Western sanctions.

($1 = 0.9983 euros) (This story has been refiled to fix a typo in the headline)

(Reporting by Christian Kraemer; Writing by Paul Carrel; Editing by Tomasz Janowski)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.