Renew Europe welcomes the conclusion of negotiations between the European Parliament and the Council on the European Defence Industry Programme (EDIP) — a turning point for Europe’s and Ukraine’s defence at a critical moment. EDIP will help Member States jointly procure defence products, support European industries to replenish stocks, and ensure readiness. Renew Europe has pushed for clear, efficient rules so that EU funding primarily benefits European defence companies through strong eligibility criteria — ensuring European taxpayers’ money strengthens Europe’s industrial capacity. The agreement also contributes to operationalising the EU’s mutual assistance clause (Article 42.7 TEU), creates a dedicated financial instrument for Ukraine, and includes special provisions for Member States most threatened by Russian aggression. A stronger, more united Europe begins with strategic cooperation. Read full PR 👇 https://lnkd.in/dS_BkqjN
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