Arms companies from the US, UK and Turkey will be excluded from a new €150bn EU defence funding push unless their home countries sign defence and security pacts with Brussels.
The planned fund for capitals to spend on weapons would only be open to EU defence companies and those from third countries that have signed defence agreements with the bloc, officials said on Wednesday.
It would also exclude any advanced weapons systems upon which a third country had “design authority” — restrictions on its construction or use of particular components — or control over its eventual use, the officials added.
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