Funds can only be used for European defense companies and manufacturers from countries that have signed defense packages with the European Union.
The European Union will not allow defense companies in the United States, Great Britain and Turkey to financing from a 150 billion euro fund until these countries conclude related security agreements with the EU. It reports about it Financial periods With a reference to the European Commission project.
According to submitted proposals, funds are only available for European defense companies and manufacturers from countries that have signed defense packages in the European Union.
In addition, the fund does not indicate the purchase of weapons from the third countries if the manufacturer may impose restrictions on their use. Such systems, in particular, include American air defense systems Patriot and other types of weapons from the USA.
According to the plan, 65% of funding costs should be in companies from the EU, Norway and Ukraine. Purchases in South Korea, Japan, Albania, Moldova and North Macedonia are also possible.
Great Britain has actively achieved access to this initiative. Representatives of the British defense sector expressed the reminder that the exclusion of British companies has “disturbed unity in the field of European defense and security.” At the same time, British manufacturers, such as Bae systems And Babcock InternationalIt is closely integrated into the EU countries industry, in particular Italy and Sweden.
According to the data FtThe European Commission’s decision is a significant success of France and other countries that promote to strengthen the European military-industrial complex.
Remember that Macron is seeking to convince EU countries to pay attention to European manufacturers.
Portugal aims to refuse to replace its F-16 warriors with the more modern F-35 due to US president Donald Trump.
We added that in Germany, the concern about the possible US control over German F-35 fighters is growing.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.