EU leaders arrive for summit on Ukraine and EU defence

reuters

The European Union is set to unveil a bold new defense strategy at a two-day summit in Brussels, aiming to strengthen its military capabilities and reduce dependence on the U.S. by 2030, as global uncertainties and rising threats prompt urgent action.

The European Union is stepping up its efforts to enhance its defense capabilities with a bold new strategy aimed at reducing reliance on the United States by 2030. A two-day summit in Brussels, beginning Thursday, will be the focal point of discussions on strengthening Europe's military readiness in response to growing global uncertainties.

The European Commission has unveiled a comprehensive plan designed to fortify the EU's defense framework, bolster military preparedness, and provide more support to Ukraine. A key element of the strategy includes a White Paper titled Readiness 2030, which outlines a roadmap for the future, alongside a significant financial package.

European Commission President Ursula von der Leyen addressed the changing security landscape, saying, "The era of the peace dividend is long gone. The security architecture we once relied on can no longer be taken for granted. The age of power competition is well and truly back, with Russia determined to reshape its future and invest heavily in military production." She emphasized that with rising threats, including Russia's aggression in Ukraine and shifting U.S. priorities, Europe must act decisively to safeguard its future.

Earlier this month, von der Leyen introduced an ambitious €800 billion plan to enhance defense spending across the bloc, with €150 billion earmarked for joint investments in critical military assets. Currently, two-thirds of EU defense equipment orders are sourced from the U.S. However, under this new plan, 65% of equipment costs will be redirected to suppliers within the EU, Norway, or Ukraine.

In addition to boosting defense spending, the EU is urging member states to deepen their security cooperation with NATO allies to ensure a united front. Moscow, however, has strongly criticized these rearmament efforts, calling them an incitement to war.

As EU leaders convene in Brussels for this pivotal summit, the EU signals its unwavering commitment to enhancing military capabilities and securing the region in the face of escalating global tensions.

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