AGL 38.50 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 212.50 Increased By ▲ 4.73 (2.28%)
BOP 9.90 Decreased By ▼ -0.16 (-1.59%)
CNERGY 6.62 Decreased By ▼ -0.46 (-6.5%)
DCL 9.59 Decreased By ▼ -0.40 (-4%)
DFML 40.37 Decreased By ▼ -0.77 (-1.87%)
DGKC 100.00 Decreased By ▼ -3.46 (-3.34%)
FCCL 35.24 Decreased By ▼ -1.11 (-3.05%)
FFBL 87.50 Decreased By ▼ -4.09 (-4.47%)
FFL 13.97 Decreased By ▼ -0.63 (-4.32%)
HUBC 132.75 Decreased By ▼ -6.68 (-4.79%)
HUMNL 14.00 Decreased By ▼ -0.10 (-0.71%)
KEL 5.66 Decreased By ▼ -0.31 (-5.19%)
KOSM 7.25 Decreased By ▼ -0.61 (-7.76%)
MLCF 46.14 Decreased By ▼ -1.14 (-2.41%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 218.89 Decreased By ▼ -3.77 (-1.69%)
PAEL 38.79 Increased By ▲ 0.68 (1.78%)
PIBTL 8.95 Decreased By ▼ -0.32 (-3.45%)
PPL 198.00 Decreased By ▼ -7.85 (-3.81%)
PRL 40.20 Increased By ▲ 0.35 (0.88%)
PTC 25.90 Decreased By ▼ -0.72 (-2.7%)
SEARL 103.30 Decreased By ▼ -6.94 (-6.3%)
TELE 9.07 Decreased By ▼ -0.16 (-1.73%)
TOMCL 36.85 Decreased By ▼ -1.36 (-3.56%)
TPLP 14.10 Increased By ▲ 0.33 (2.4%)
TREET 25.47 Decreased By ▼ -0.98 (-3.71%)
TRG 58.60 Decreased By ▼ -1.94 (-3.2%)
UNITY 33.75 Decreased By ▼ -0.39 (-1.14%)
WTL 1.73 Decreased By ▼ -0.15 (-7.98%)
BR100 11,929 Decreased By -369.5 (-3%)
BR30 37,423 Decreased By -1454.1 (-3.74%)
KSE100 111,562 Decreased By -3299.2 (-2.87%)
KSE30 35,046 Decreased By -1150.5 (-3.18%)

PRAGUE: French President Emmanuel Macron will visit Prague on Tuesday to clarify his country’s standpoint on a Czech plan to buy weapons outside Europe for war-ravaged Ukraine.

Macron is due to meet Czech President Petr Pavel and Prime Minister Petr Fiala, and address a nuclear forum during his one-day visit.

At a security conference in Munich last month, Pavel said the Czech Republic – an EU and NATO member of 10.8 million people – was able to collect a substantial amount of weaponry for Ukraine outside the continent.

He said that working with Canada and Denmark, the Czechs had “identified” 500,000 rounds of 155-millimetre ammunition and 300,000 122-millimetre shells “which we would be able to deliver within weeks” given the needed funds.

The Financial Times said Prague was looking to amass $1.5 billion to pay for the munitions for Ukraine, which has been battling a Russian invasion for two years.

Fiala said at an international conference in Paris last week that around 15 nations were ready to join the initiative, including France.

Macron said his country would take part in the initiative but did not disclose any details as to how much it would contribute.

The Netherlands, for instance, has already pledged to donate 100 million euros ($108.5 million).

‘Precisions’

Prague now expects the French leader to come up with a specific pledge during Tuesday’s talks.

A French adviser said the Prague visit would be an opportunity to “discuss this initiative” and come up with “precisions”.

This would be a bit of a breakthrough as Paris has so far tended to funnel defence spending into its domestic industry and favoured weapon production on European soil for EU money.

France’s Macron to name new PM as he launches political reset

Macron also stirred controversy last week when he suggested the West might send soldiers to Ukraine, an idea largely rejected by France’s allies.

The French government later said the suggestion did not concern combat troops.

Later on Tuesday, Macron is due to address a nuclear forum in the Czech capital, attended by several French energy companies.

These include the power giant EDF, nuclear fuel distributor Orano and nuclear reactor producer Framatome.

EDF is one of two bidders in a multi-billion Czech tender to build up to four new units at its two nuclear power stations, alongside South Korea’s KHNP.

Macron’s visit to Prague follows an invitation from Pavel during the Czech president’s visit to Paris last December.

The visit was tarnished by a deadly shooting in Prague, in which a student killed 14 people and then himself at Charles University.

Macron, who was quick to offer condolences to his guest Pavel, will lay flowers at the site on Tuesday.

Comments

Comments are closed.