UK Faces Weapons Fund Shut Out Despite Softer Brexit Deal with EU

UK faces weapons fund shut out despite softer Brexit deal with EU

British defence companies could be frozen out of billions of pounds-worth of arms deals as some EU nations push to freeze the UK out of its new weapons fund, despite Sir Keir Starmer’s Brexit reset deal.The Prime Minister on Monday agreed a security and defence partnership with the EU, a centrepiece of his reset deal, which both sides said would pave the way for British firms to bid for loans from the EU’s 150bn euro (£126bn) rearmament fund, kn…

Success of the UK-EU trade deal will depend on whether promises are de

I have been chewing over some of the main elements of the UK-EU agreement.  The reset was big on symbolism as the two sides committed to work together in a new post-Brexit era, and meet formally every year to that end. The acid test is how does this now develop? A key element – and prize for both sides – will be UK access to the EU’s €150bn rearmament fund. Politics latest: Starmer says EU deal shows ‘Britain is back’ In an interview with Sky Ne…

'Brexit Wounds' Mean EU Members Want UK Access To Rearmament Fund Limited, Sky News Told - Great Yorkshire Radio

Kaja Kallas told Sky News’ political editor Beth Rigby that the “technical details” of Security Action for Europe (SAFE) still need to be sorted out. SAFE is a €150bn (£126bn) fund to provide loans to EU nations and other participants to bolster their defences. Politics Live: Starmer says EU deal ‘win-win’ As part of Sir Keir Starmer’s new reset deal with the EU, a new defence partnership was struck that will allow the UK to access it. Asked whe…

UK on path to access £150bn EU defence fund - Airforce Technology

As part of a new deal, the UK and the EU have agreed to explore to possibility of enabling the UK to access EU defence funds under SAFE.

UK on path to access £150bn EU defence fund

As part of a new deal, the UK and the EU have agreed to explore to possibility of enabling the UK to access EU defence funds under SAFE.The post UK on path to access £150bn EU defence fund appeared first on Naval Technology.

UK on path to access £150bn EU defence fund - Army Technology

As part of a new deal, the UK and the EU have agreed to explore to possibility of enabling the UK to access EU defence funds under SAFE.