EU: Member States Debate Third-Country Participation in SAFE Defense Joint Procurement Initiative

EU ambassadors discussed whether the bloc’s 150 billion euro ($176 billion) Security Action for Europe (SAFE) loan facility for defense investments and joint procurement could be used to finance arms purchases from the United Kingdom and Canada, with France pushing to cap such purchases at 50% of their value to prioritize EU-based defense manufacturers, Euractiv reported on Sept. 12....