Copyright © 2024 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

European Commission presents first-ever European Defense Industrial Strategy

With the launch of EDIS, the EU aims to strengthen its defense technological and industrial base through increased investment, collaboration, and innovation.
European Union Flags. Credit: Wikimedia Commons/Thijs ter Haar.
Flags of the European Union, illustrative image. Credit: Wikimedia Commons/Thijs ter Haar.
European Commission presents first-ever European Defense Industrial Strategy

The European Commission and the High Representative have unveiled the European Defense Industrial Strategy (EDIS), a landmark initiative to bolster the competitiveness and readiness of the EU’s defense industry.

In response to the heightened conflict on the continent, notably Russia’s ongoing war against Ukraine, the strategy aims to ensure long-term defense industrial readiness within the European Union.

“A stronger and more responsive European defense industry will benefit the Member States and ultimately EU citizens. It will also benefit the EU’s key partners, including NATO and Ukraine,” the statement reads.

The strategy introduces a legislative proposal for a European Defence Industry Programme (EDIP) and a framework of measures to guarantee the timely availability and supply of defense products. It seeks to address the challenges faced by the European Defence Technological and Industrial Base (EDTIB) while harnessing its potential over the next decade.

Key actions outlined in the strategy include supporting a more efficient expression of collective defense demand among Member States, securing the availability of all defense products under any circumstances, ensuring that national and EU budgets provide the necessary support for the adaptation of the defense industry, mainstreaming a defense readiness culture across policies, developing closer ties with Ukraine, and enhancing cooperation with NATO and other strategic partners.

By 2030, Member States are offered to procure at least 40% of defense equipment collaboratively, ensure that the value of intra-EU defense trade represents at least 35% of the EU defense market, and make steady progress towards procuring at least 50% of their defense procurement budget within the EU, aiming for 60% by 2035.

The EDIP encompasses both financial and regulatory aspects, extending financial support for cooperation between Member States in procurement and for defense industries to increase their production capacity.

Earlier, Euractive reported that the European Commission aims to grant Ukraine full membership in the EU’s defense industry support scheme.

Read also:

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here



    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts