The European Commission and UK government are negotiating a significant defence deal that will provide larger opportunities for British arms manufacturers through a 150bn SAFE fund. While both parties insist that the deal is not contingent on fishing rights negotiations, concerns persist about linking security cooperation to these other issues. The upcoming EU-UK summit on May 19 is poised to discuss this partnership, which seeks to align UK defence procurement with EU standards, similar to existing agreements with other nations.
The European Commission and UK government are negotiating a defence deal tied to a 150bn SAFE fund, potentially benefiting British arms firms despite linkage to fishing rights being denied.
If finalized, the EU-UK defence pact may set a precedent, treating the UK similarly to European nations for arms procurement, amidst ongoing debates linking security to fisheries.
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