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Global Trade Alert

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EU: EUR 500 million Act in Support of Ammunition Production (ASAP)

Description

On 24 July 2023, the European Union published Regulation (EU) 2023/1525 approving the Act in Support of Ammunition Production (ASAP). The Act establishes a EUR 500 million (USD 554.1 million) instrume...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jul 2023

Revocation date

30 Jun 2025

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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