The EU institutions have agreed on joint defense procurement until 2025.

The negotiators of the European Parliament and the Council of the EU initially agreed on the content of the provisions implementing the new joint defense procurement instrument.

It involves a budget of 300 million euros, with a subsidy of up to 20% from the European Union. order value by 2025

“The new regulation, informally agreed by two EU legislators, will be a short-term tool to boost Europe’s defense industry through joint procurement (EDIRPA) until 31 December 2025. This tool should help Member States achieve their most urgent and critical needs, notably exacerbated by the voluntary and cooperative transfers of defense products to Ukraine.

A budget of 300 million euros

The negotiators of the European Parliament and the Council of the European Union have agreed on a budget of €300 million to finance the implementation of the instrument. The EU covers up to 20 percent. the costs of each joint procurement for each consortium of Member States and Associated Countries. To benefit from these measures, entities must be established in the EU or associated countries (including EFTA countries belonging to the European Economic Area, ie Iceland, Liechtenstein and Norway).

Joint procurement of defense products requires the participation of at least three EU countries. You can also collaborate with entities from Ukraine or Moldova.

The European Commission will assess the impact and effectiveness of EDIRPA activities after the end of the programme. It will identify potential shortages and critical dependencies on non-associated third countries for raw materials, components and production capacity.

The informal agreement now needs to be approved by Parliament and the Council before it can enter into force.

Source: Do Rzeczy