The issue of how to boost arms and ammunition production for Ukraine is one of the main questions the EU meeting seeks to answer. 

Earlier this week, the European Commission, the EU's executive body, proposed taking profits from frozen Russian assets and using 90% that money to finance weapons for Ukraine. 

The proposal suggests transferring the profits to an EU-run fund tasked with military support for Ukraine. 

According to the Commission's estimation, the profits on these assets could be up to €3 billion ($3.27 billion) per year.

The Kremlin described the plan as theft.