Most EU Members Seek UK, Canada Access to €150 Billion Arms Fund

Most EU Members Seek UK, Canada Access to €150 Billion Arms Fund

A majority of European Union member governments favor inviting the UK and Canada to join the EU’s proposed €150 billion ($165 billion) defense spending fund, people familiar with the matter said.

At least a third of EU countries support a German-led plan to allow Britain and Canada to participate in a joint arms procurement program, Politico writes.

German-led push to open EU defense deal to UK and Canada hits French opposition

BRUSSELS — At least a third of EU countries support a German-led plan to allow the U.K. and Canada to take part in a scheme for common purchases of weapons. EU ambassadors on Thursday discussed a plan to offer countries €150 billion in cheap loans to spend on defense, but the Berlin-led effort to include the non-EU countries ran into opposition from France, which rejected London’s participation.  “The French ambassador was quite vocal about this…

Tensions between the US under Donald Trump and Canada continue to increase. A first German leader now calls for the country to be admitted to the EU – and expresses a fear with regard to US nuclear weapons. This post European community of states This ex-foreign minister wants to bring Canada into the EU has been published on Young Freedom.

Most EU members seek UK, Canada access to €150bn arms fund

More than half of EU members support idea, while some want to invite US

Last week, a discreet meeting of senior officials from several European countries took place in Brussels, organized at the initiative of the United Kingdom and Poland. According to Politico, during the secret dinner, the discussion was about creating a new defense fund that would operate independently of the European Commission, speed up armament and limit the impact of military spending on public debt.