More EU defence cooperation sought as Ukraine war depletes military stocks

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The EU has long urged member states to join forces on arms purchases instead of driving up prices by competing against each other theSun theSundaily EuropeanUnion UkraineWar military resources depletion

European Union Foreign Policy Chief Josep Borrell attends the European Union leaders’ summit in Brussels, Belgium October 20, 2022. - REUTERSPIX: European Union countries should work together in replenishing their military inventories and avoid competing with each other amid ongoing arms deliveries to Ukraine, the bloc’s top diplomat said on Tuesday.

The 27 member states are set to boost military budgets by up to 70 billion euros in total by 2025 but a lack of project cooperation and the purchases outside the bloc Only 18% of all investment in defence programmes involves cooperation between member states, the EDA said, adding that investing in European projects was often seen as more time-consuming and complex.MAINTENANCE HUB

 

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