EU to boost European military industry through common procurement with EUR 500 million instrument
| Published date | 19 July 2022 |
| Publication title | LETA |
RIGA, July 19 (LETA) - The European Commission on Tuesday adopted a proposal for a Regulation by the European Parliament and the Council establishing the European Defense Industry Reinforcement through common Procurement Act (EDIRPA), the EU Commission said on its website.
s announced in the Joint communication on the Defense Investment Gaps in May, the Commission is delivering on its commitment to set up a short-term EU instrument reinforcing European defense industrial capacities through common procurement by EU member states, the European Commission said.
The instrument, responding to...
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