The European Union and Canada have signed a security partnership that moves them closer to cooperation on military purchases, as Prime Minister Mark Carney aims to reduce his country’s dependence on the US for defense.
Carney and EU leaders described the move as a first step toward participation in the 27-member bloc’s €150 billion ($173 billion) joint-purchase loan pool dubbed Security Action for Europe (SAFE), part of its proposed €800 billion ReArm Europe initiative. Access to SAFE still has to be negotiated and requires purchase-by-purchase agreements led by European partners.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.