Berliner Boersenzeitung - Western allies pledge precision rockets, missile systems to Kyiv

EUR -
AED 4.120835
AFN 72.376646
ALL 91.446363
AMD 404.430758
ANG 2.00828
AOA 1030.068071
ARS 1734.359288
AUD 1.62136
AWG 2.022547
AZN 1.912974
BAM 1.961233
BBD 2.259861
BDT 139.356061
BGN 1.961204
BHD 0.423252
BIF 3378.578422
BMD 1.122079
BND 1.436078
BOB 13.334763
BRL 6.181191
BSD 1.122008
BTN 105.309742
BWP 15.416709
BYN 3.359607
BYR 21992.738982
BZD 2.256652
CAD 1.584964
CDF 2570.681235
CHF 0.920132
CLF 0.027649
CLP 1088.168925
CNY 7.487409
CNH 7.483652
COP 3676.0751
CRC 508.2079
CUC 1.122079
CUP 26.928601
CVE 110.665006
CZK 24.345714
DJF 199.415625
DKK 7.476381
DOP 68.053886
DZD 152.620074
EGP 60.46562
ERN 16.831178
ETB 180.876813
FJD 2.526699
FKP 0.840202
GBP 0.834944
GEL 2.911781
GGP 0.840202
GHS 13.111489
GIP 0.840202
GMD 83.033728
GNF 9944.378364
GTQ 8.573714
GYD 235.220589
HKD 8.799957
HNL 30.380262
HRK 7.595361
HTG 147.067424
HUF 362.431919
IDR 20293.912103
ILS 3.54441
IMP 0.840202
INR 105.415967
IQD 1698.826878
IRR 2134513.700104
ISK 137.228052
JEP 0.840202
JMD 178.243793
JOD 0.795585
JPY 177.315894
KES 145.756644
KGS 98.126077
KHR 4583.690588
KMF 495.958991
KPW 1009.870624
KRW 1509.96422
KWD 0.348775
KYD 0.935082
KZT 503.404593
LAK 25252.377599
LBP 100482.130971
LKR 373.071867
LRD 191.090351
LSL 18.581951
LTL 3.313206
LVL 0.678734
LYD 7.214799
MAD 10.948678
MDL 20.224849
MGA 5155.950214
MKD 61.536967
MMK 2355.754922
MNT 4040.791023
MOP 9.062205
MRU 45.163564
MUR 52.858792
MVR 17.275707
MWK 1949.05068
MXN 20.803113
MYR 4.553845
MZN 71.696486
NAD 18.581481
NGN 1511.450807
NIO 41.079237
NOK 10.551522
NPR 168.495788
NZD 1.991925
OMR 0.431396
PAB 1.122109
PEN 3.862754
PGK 5.040344
PHP 70.762196
PKR 310.423176
PLN 4.386822
PYG 7013.429462
QAR 4.087729
RON 5.343004
RSD 117.67346
RUB 92.574778
RWF 1655.065816
SAR 4.219482
SBD 9.031142
SCR 15.780944
SDG 674.960217
SEK 11.000016
SGD 1.435267
SHP 0.840351
SLE 25.751724
SLL 23529.430449
SOS 641.25269
SRD 42.136277
STD 23224.759885
STN 24.994299
SVC 9.8182
SYP 14589.264556
SZL 18.581752
THB 37.488452
TJS 10.300189
TMT 3.927275
TND 3.349961
TOP 2.701695
TRY 56.354259
TTD 7.610082
TWD 36.808219
TZS 2967.895463
UAH 51.116008
UGX 4594.728881
USD 1.122079
UYU 45.245142
UZS 13464.942184
VES 1005.737375
VND 28630.394464
VUV 133.821406
WST 3.128157
XAF 655.957
XAG 0.021033
XAU 0.000271308372
XCD 3.032473
XCG 2.022202
XDR 0.793368
XOF 655.957
XPF 119.331742
YER 265.51185
ZAR 18.382448
ZMK 10100.052768
ZMW 22.805178
ZWL 361.308825
SSP 6446.60178
MXV 2.338638
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Western allies pledge precision rockets, missile systems to Kyiv
Western allies pledge precision rockets, missile systems to Kyiv / Photo: Sergei SUPINSKY - AFP

Western allies pledge precision rockets, missile systems to Kyiv

Western allies on Friday pledged precision rockets and missile systems to Ukraine, after President Volodymyr Zelensky called for sophisticated weapons to help retain control of embattled eastern city of Bakhmut.

Text size:

The European Union agreed to introduce price caps on Russian petroleum products to try to further limit Russian President Vladimir Putin's war chest by targeting his key exports.

The announcements came shortly after Zelensky told a summit with EU leaders in Kyiv: "No-one will surrender Bakhmut. We will fight as long as we can.

"If weapon (deliveries) are accelerated -- namely long-range weapons -- we will not only not withdraw from Bakhmut, we will begin to de-occupy Donbas," he said of the eastern region of Ukraine.

The United States announced a new $2.2-billion package of arms and munitions, which the Pentagon said included a new rocket-propelled precision bomb that could nearly double Kyiv's strike range against Russian forces.

The ground-launched small-diameter bombs (GLSDB), which can fly up to 150 kilometres (93 miles), could threaten key Russian supply lines, arms depots and air bases far behind the front lines.

Ukraine had been asking Washington for munitions that can fly farther than the HIMARS rockets, which have an 80-kilometre range.

The GLSDBs potentially give Kyiv's forces an ability to strike anywhere in the Russian-occupied Donbas, Zaporizhzhia and Kherson regions, and the northern part of occupied Crimea.

The French defence ministry said France and Italy would deliver mobile surface-to-air missile systems in response to an urgent request from Kyiv to help protect "civilian populations and infrastructure from Russian air attacks".

The systems, called MAMBA or SAMP, are a vehicle-mounted battery of medium-range missiles designed to offer protection from airborne threats such as missiles and manned or unmanned aircraft.

Ukrainian Defence Minister Oleksiy Reznikov, who had requested the weapons, tweeted his gratitude, saying they would "help us save thousands of lives" from Russian attacks.

Kyiv is also asking for fighter jets.

It has already secured promises from the West for deliveries of modern battle tanks and after months of hesitation, Germany authorised the delivery of Leopard 1 tanks.

- Targeting Russian refined oil products -

In Brussels, EU negotiators agreed to cap the price of Russian refined oil products to accompany an embargo on ship deliveries of the products that comes into force on Sunday.

Already in December, the EU imposed an embargo on Russian crude oil coming into the bloc by sea and -- with its G7 partners -- imposed a $60-dollar-per-barrel cap on Russian crude exports to other parts of the world.

The price cap sets a ceiling for the cost of Russian oil products transported to third countries on EU ships, to try to prevent Russia circumventing the EU embargo.

European Commission president Ursula von der Leyen estimated this week the crude oil price cap costs Moscow around 160 million euros ($170 million) daily.

The new EU embargo and price caps starting Sunday target Russian refined oil products such as petrol, diesel and heating fuel.

The Kremlin warned that the measures would destabilise world markets.

"This will lead to a further imbalance of the international energy markets," Kremlin spokesman Dmitry Peskov told reporters. "But we are taking measures to hedge our interests against the risks."

- 'No timeline' on EU membership -

At the Kyiv summit, the EU praised Ukraine's "considerable efforts" to start the reforms needed for joining the bloc, but urged it to go further.

Corruption is a key European concern. Ukraine has widened efforts to tackle it, with high profile raids this week on an oligarch with political connections and a former interior minister.

Zelensky, who is pressing for speedy EU accession, suggested Friday that talks could begin this year.

"What exactly did we agree upon today?" Zelensky said in his traditional evening address. "There is an understanding that it is possible to start negotiations on Ukraine's membership in the European Union this year."

But the path to joining the EU could take years.

European Commission president Ursula von der Leyen cautioned that the process was merit-based and there could be "no rigid timelines" on either negotiations or membership itself.

For now, the EU says it will do more to divert Russia's frozen assets for use to compensate Ukraine for damage inflicted since the Russian invasion.

Brussels also plans to roll out a new package of sanctions on the first anniversary of the invasion, on February 24.

- Not a military target -

There was no let-up in fighting in Bakhmut, the frontline of a prolonged battle between Ukrainian and Russian forces.

Throughout Friday morning, AFP journalists heard a steady exchange of small arms fire and the pounding of mortar shells to and from Russian positions.

A charity helping residents said an attack on a car carrying volunteer paramedics had killed one and wounded several others the day before.

Local man Oleksandr Tkachenko, 65, said it was "clear" the car, which was destroyed, was not a military target.

Residents trying to rescue the occupants had also come under attack, he added.

burs/gil/jj

(Y.Yildiz--BBZ)