European Union governments have agreed on a 1.5 billion-euro scheme to fund defence investments, though some countries said its "buy European" rules are too restrictive, diplomats said on Wednesday.
The European Defence Industrial Programme (EDIP) is part of a broader effort to re-arm the bloc following the conflict between Russia and Ukraine.
Under the deal, at least 65% of component costs for funded items must originate in the EU or associated countries. France had pushed for stricter rules, while others, including the Netherlands, sought more flexibility to buy from the U.S., UK and other allies.
Ambassadors from the EU’s 27 countries are expected to formally approve the deal on Monday, before negotiations with the European Parliament.
A group of 10 countries - including the Netherlands and Baltic states - argued the rules should better reflect the urgent need to boost European defences, given the industry's current reliance on key foreign components.
Despite concerns, they said they would not block progress on the plan, which could receive more funding in future.
The United States has imposed sanctions on 22 entities linked to a transnational network engaged in illicit oil trade on behalf of the Iranian regime....
Azerbaijan and Kazakhstan have completed the 'Tarlan-2025' flight-tactical exercise, a series of unmanned-aircraft drills held in Azerbaijan and aimed...
Iran has officially confirmed the arrest of 18-year-old Franco-German cyclist Lennart Monterlos, after he was reported to be missing since mid-June....
Azerbaijan Railways CJSC signed a Memorandum of Understanding with the Chinese company 'Xi'an Free Trade Port Construction and Operation' and has open...
Azerbaijan intends to bring ten wind and solar plants online by 2027 and channel about $2.7 billion into clean-energy projects, lifting renewables to ...
Azerbaijan and Kazakhstan have completed the 'Tarlan-2025' flight-tactical exercise, a series of unmanned-aircraft drills held in Azerbaijan and aimed at deepening defence ties between the two Caspian neighbours.
Iran has officially confirmed the arrest of 18-year-old Franco-German cyclist Lennart Monterlos, after he was reported to be missing since mid-June.
Azerbaijan intends to bring ten wind and solar plants online by 2027 and channel about $2.7 billion into clean-energy projects, lifting renewables to one-third of its generating capacity and positioning the Caspian state as a new supplier of green electricity to Europe.
South Korea, Japan, and the United States carried out a joint air exercise on Friday over international waters, involving a U.S. B-52 strategic bomber and fighter jets from Seoul and Tokyo, South Korea’s defence ministry announced.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
Belarus will play an active part in next month’s United Nations conference for landlocked developing countries in Turkmenistan, Foreign Minister Maksim Ryzhenkov told his Turkmen counterpart Rashid Meredov during a telephone call on Thursday.
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
Russia’s health watchdog said on Friday it is monitoring an anthrax outbreak in Kazakhstan’s Akmola region, where two villages were quarantined after infections in cattle and local residents.
A model depicting refugees in a boat was set ablaze on a bonfire in Moygashel, a pro-British town near Belfast, sparking widespread condemnation from across Northern Ireland’s political spectrum.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment