Kyiv has been pushing Berlin to supply its Taurus missiles, which could give Ukraine the ability to cause significant damage deeper within Russian-occupied territory, but the German government has remained hesitant out of concern that could trigger an international escalation of the conflict.
The paper cited government and diplomatic sources as saying that the British government has proposed to Berlin several weeks ago that it could export Storm Shadow cruise missiles to Ukraine and, in turn, receive the German Taurus missiles.
The office of German chancellor Olaf Scholz has been analysing this proposal, the report added.
The German government declined to comment.
A person familiar with the negotiations said that the proposed swap could potentially find support in Berlin.
The German government has repeatedly said it will only act in concert with Washington on arms deliveries to Ukraine.
(Reporting by Riham Alkousaa; Editing by Gareth Jones and Bill Berkrot)
