CONNECTING THE DEFENCE COMMUNITY WITH INSIGHT, INTELLIGENCE & OPPORTUNITIES

Officially Supported By: Defence Contracts International Supply2Defence

Official Media Partners for:

The European Union is to increase its military research budget for the first time in six years after UK dropped its opposition to the plan.

EU governments agreed to increase the 2017 funding of the European Defence Agency by 1.6%, in line with inflation. The rise will see the budget rise from €30.5M to €31M.

The Agency, which had seen its budget reduced 15% in real terms, had been seeking an increase of 6.5%.

EU Foreign Affairs Minister Federica Mogherini commented on the increase: “It is a clear demonstration of all EU member states, including the United Kingdom, to increase the budget of the agency to reflect the work to be done.”

EU officials believe that Britain might seek to work closely with the EU when Brexit finally comes to pass to deal with escalating security threats and Russian aggression.

The news follows Monday’s agreement on new plans on the European Union security and defence in a move seen to make Europe less reliant on support from the US following Donald Trump’s shock election win.

The President-elect had previously voiced his opinion that only NATO members who “fulfil their obligations”.

Mrs Mogherini said the plans would not include the creation of an EU army or military headquarters.

The Minister commented: “The substance of it is, first of all, providing the European Union with the capabilities, the structures, the tools, and the financial resources that are needed to fulfill the level of ambition we identify… This is not about big operational headquarters but it is about streamlining and making our current headquarters work better.”

Photo: EU foreign affairs Minister Federica Mogherini (c) Drop of Light / Shutterstock.com

If you would like to join our community and read more articles like this then please click here

 

Brexit EDA EU European Defence Agency UK

Post written by: Matt Brown

LATEST STAKEHOLDER

Become a Stakeholder today and benefit from an exclusive marketing package which will allow you to:

  • Engage with active defence buyers and key supply chain partners
  • Create your own branded micro-site which within Defence Online which is managed by you
  • Have a dedicated Digital Account Manager to help enhance your Stakeholder page
  • Promote your news, products, press releases, eBooks and Videos as a Defence Online partner which feeds through to our homepage and social media channels
  • Have your company promoted on our partner website Defence Contracts Online (DCO)
  • All news promoted in mynewsdesk, a major hub for all of our news articles which enables news to be picked up from trade magazines, national newspapers and many other publications which offers extra exposure at no additional cost!

Contact us today or call us on 0845 557 1315 to take advantage of this exclusive marketing package


RELATED ARTICLES

December 15, 2023

Air - UK, Japan, and Italy sign international stealth fighter jet programme treaty

The UK has signed an international Treaty with Japan and Italy for a future combat air programme that aims to

The UK and Poland will deepen their foreign policy, security and defence cooperation following the signing of a new partnership.

July 11, 2023

Homeland - UK and Poland strengthen cooperation

The UK and Poland will deepen their foreign policy, security and defence cooperation following the signing of a new partnership. Foreign