With “Switzerland’s share of value creation”: Cheetah ammunition for Ukraine

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“Made in Germany”: Rheinmetall ammunition is now produced in Germany, not Switzerland.
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Raphael RauchEditor SonntagsBlick

Ukraine urgently needs weapons from the West to repel Russian aggressors. Among others, from the German arms company Rheinmetall, which also produces in Switzerland and previously produced ammunition for the Gepard anti-aircraft tank in Altdorf UR.

Since Switzerland banned the export of 35 mm bullets based on the Neutrality Act, which has been disturbing Ukraine and NATO countries for months, the company moved its production to a factory in Lower Saxony, Germany.

“Rheinmetall respects Switzerland’s neutrality. However, the legal interpretation regarding exports leaves us with limited scope for action,” the company told SonntagsBlick in July.

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At the beginning of September, the gunmaker announced: “Cheetah ammunition is now produced in Germany.” Instead of the ammunition being produced in Switzerland, it is produced in Germany. “Several million euros” have been invested in the Rheinmetall Defense company’s facility in Unterlüss, south of the Lüneburg Heath.

There’s still some Switzerland

One sentence in the press release is surprising: Rheinmetall is said to have changed the supply chain for Gepard ammunition in such a way that “Switzerland’s share of added value can be reduced as much as possible.” To put it simply: Ukraine still has some Switzerland in its arsenal. But Rheinmetall did not want to say exactly what this means.

How does this fit with the neutrality of the Confederacy?

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When asked by the Secretary of State for Economic Affairs, Seco said that he “does not take positions on specific transactions of individual companies” – but emphasized that everything was done legitimately: “When it comes to the export of war materials in the form of assembly and the sending of individual parts to third countries for further processing and integration, the Federal The Council decided that supplies to European defense companies were possible, even if war materials produced abroad could go to Ukraine.

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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