BRUSSELS (Reuters) – NATO chief Mark Rutte warned the European Union on Monday not to create “barriers” that would prevent companies from NATO countries outside the bloc from taking part in its defence industrial push.
The European Commission, the EU’s executive body, put forward a proposal last year to spend 1.5 billion euros to give countries incentives to buy jointly from European firms and encourage industry to raise capacity, but EU capitals have yet to agree on how much of the pot should be reserved for EU companies.
(Reporting by Lili Bayer and Andrew Gray; Editing by GV De Clercq)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.