In order to access a new €150 billion European instrument to increase defense expenditure, Britain’s defense sector is encouraging the EU and UK to reach a security accord as early as next month and not to make it contingent on a broader reset.
A security agreement “must be a central deliverable of the upcoming UK-EU summit” that will take place in London on May 19, according to a letter sent to European Commission President Ursula von der Leyen, European Council chief Antonio Costa, and British Prime Minister Keir Starmer.
A strong European industrial and technological basis, a practical and inclusive EU defense ecosystem, and the ability for UK business to actively participate in EU-led defense efforts would all be made possible by such an agreement.
In the letter seen by Euronews, the British Chambers of Commerce, TechUK, and ADS, an aerospace and defense trade association, also write: “This would be a crucial step towards enhancing Europe’s collective security, industrial resilience, and global competitiveness.
Since taking office last summer, Starmer has been advocating for a security and defense agreement that he has stated should prioritize industrial cooperation, military mobility throughout Europe, research and development, and increased mission and operation coordination.
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