Global Trade Alert
Global Trade Alert

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

Announcement

24 Jul 2023

In July 2023, the European Union approved the Act in Support of Ammunition Production (ASAP) to increase industrial production of artillery and missiles.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jul 2023

Revocation date:

30 Jun 2025

Announced: 24 Jul 2023
State aid, unspecified
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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