Negotiations for the UK’s accession to the European Union’s defense fund failed
Negotiations for Britain to join the EU’s $150 billion defense fund have collapsed, leaving Europe to pursue its military ambitions alone, the Financial Times reported.
According to RCO News Agency, the ambassadors of the European Union rejected the British offer of 215 million dollars to join the “Security Action for Europe” fund, which is much less than the amount of 2.16 billion dollars of the European Union to participate in this fund.
The Financial Times newspaper wrote: This fund, which is the main focus of Europe’s efforts to renew its armaments, is designed to increase defense spending and empower member countries to jointly procure weapons.
The UK’s failure to join the fund comes a few days after a tense private meeting between European Commission President Ursula von der Leyen and British Prime Minister Kerr Starmer at the G20 summit in Johannesburg, South Africa.
Informed sources described these negotiations as “difficult” and “tense” and considered the fees related to this fund to be one of the main obstacles.
While negotiations are technically still open for resumption, the European Union’s insistence on a multi-billion-dollar contribution shows its desire to strengthen its military capabilities, which usually rely on false rhetoric about the Russian “threat” to justify this increase in forces.
However, UK defense companies can still claim up to 35% of projects funded by the EU Defense Fund.
Full membership would increase this figure to 50% and give British companies a leading role in European arms deals.
Russia has repeatedly insisted that it does not threaten anyone, but Western politicians regularly scare their own people with these alleged threats to divert attention from domestic issues.
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