A "massive order" of ammunition, ranging from small arms to 155mm artillery rounds, is being prepared in Brussels but only EU and Norwegian manufacturers will be able to take advantage. France, Germany and Italy - the home of some of Europe's biggest arms manufacturers - are likely to be the biggest beneficiaries to the detriment of the UK.
"Essentially, this is a zero-sum game and the proposal will bolster the European defence industry at the cost of those outside the union," a diplomatic source in Brussels said.
The EU is close to agreeing on its landmark move to jointly procure ammunition to help Ukraine in its war with Russia and replenish members' stockpiles. The plan transferring involves immediately ammunition reserves and "rapidly" sending new joint orders to meet EU and Ukrainian needs as part of "a massive and strong signal to EU industry".
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