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Canada Joining SAFE Defence Borrowing Pact Will Help Firms Compete: Anand
- Canada has been formally welcomed into the SAFE defence borrowing agreement by the European Parliament, allowing participation in a pact worth approximately C$240 billion.
- Canada is the first non-European country to join the Security Action for Europe agreement.
- Foreign Affairs Minister Anita Anand stated that Canadian firms can now compete in military procurement opportunities usually reserved for European companies.
- SAFE supports low-interest loans for military hardware and is part of the ReArm Europe initiative to reduce reliance on the United States military.
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32 Articles
32 Articles
The European Parliament voted this Wednesday for Canada to join the European Defence Fund, known as SAFE, in a new step by both to address Donald Trump’s postulates. The country in fact becomes the first non-EU to enter that initiative, launched to reinforce the Union’s overall action on defensive matters. “Canada becomes the first non-European partner to join the Security Action for Europe framework. An instrument that keeps people safer, suppo…
·Madrid, Spain
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Canada will join the SAFE program. The European Parliament has given its consent.
·Warsaw, Poland
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Total News Sources32
Leaning Left21Leaning Right0Center8Last UpdatedBias Distribution72% Left
Bias Distribution
- 72% of the sources lean Left
72% Left
L 72%
C 28%
Factuality
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