EU Policy & Law
Defence Industry Needs Joint Action: EESC
The European Economic and Social Committee (EESC) has released an opinion emphasizing the need for joint action and stronger coordination within the EU defence industry to meet the bloc's security goals. The EESC highlights the importance of increased investment and cooperation in research and development to enhance the competitiveness of the European defence sector. The opinion also calls for streamlined regulatory procedures and improved access to finance for defence companies. This is intended to bolster the EU's ability to respond to evolving security challenges.
EU urged to boost joint action for a stronger, more competitive defence industry.