UK's Hopes of Joining EU Defence Fund Sinking Fast as Talks Collapse
In a significant blow to Keir Starmer's efforts to reset relations with the European Union, negotiations for the UK's participation in the €150 billion (£131 billion) defence fund have hit an impasse. The collapse comes after months of wrangling over Britain's financial contribution to the scheme, which has been touted as a key component of the EU's efforts to boost defense spending and bolster its military presence.
The UK had seen joining the fund as an opportunity to secure a more prominent role for its defense industry, with France having recently proposed a ceiling on the value of UK-produced military components. However, EU officials have stuck to their guns, demanding a significant entry fee - reportedly up to €6 billion - which far exceeds the administrative fee the government had anticipated.
Veteran diplomat Peter Ricketts has described the proposed fee as "so off the scale that it suggests some EU members don't want the UK in the scheme." The move has left many questioning whether the UK will be able to join the fund, and with it, its defense industry, which could miss out on lucrative projects.
The collapse of talks comes after a brief period of optimism, when Starmer and European Commission President Ursula von der Leyen signed an EU-UK security and defense partnership in May. However, that enthusiasm has quickly dissipated, as the UK's defense secretary John Healey warned earlier this week that Britain was not willing to join "any price."
Despite the collapse of talks, Thomas-Symonds insists that the UK will still be able to participate in projects through the scheme on third-country terms. While this may provide some relief for British defense firms, it is a far cry from the more significant role they had hoped for.
As tensions between the EU and the US continue to rise, with Donald Trump's administration reportedly skeptical of European security efforts, the collapse of these talks may signal a deeper divide in Europe's relations with its key allies. The UK's decision on whether or not to join the fund will have far-reaching implications for British defense policy and its relationships with Brussels.
In a significant blow to Keir Starmer's efforts to reset relations with the European Union, negotiations for the UK's participation in the €150 billion (£131 billion) defence fund have hit an impasse. The collapse comes after months of wrangling over Britain's financial contribution to the scheme, which has been touted as a key component of the EU's efforts to boost defense spending and bolster its military presence.
The UK had seen joining the fund as an opportunity to secure a more prominent role for its defense industry, with France having recently proposed a ceiling on the value of UK-produced military components. However, EU officials have stuck to their guns, demanding a significant entry fee - reportedly up to €6 billion - which far exceeds the administrative fee the government had anticipated.
Veteran diplomat Peter Ricketts has described the proposed fee as "so off the scale that it suggests some EU members don't want the UK in the scheme." The move has left many questioning whether the UK will be able to join the fund, and with it, its defense industry, which could miss out on lucrative projects.
The collapse of talks comes after a brief period of optimism, when Starmer and European Commission President Ursula von der Leyen signed an EU-UK security and defense partnership in May. However, that enthusiasm has quickly dissipated, as the UK's defense secretary John Healey warned earlier this week that Britain was not willing to join "any price."
Despite the collapse of talks, Thomas-Symonds insists that the UK will still be able to participate in projects through the scheme on third-country terms. While this may provide some relief for British defense firms, it is a far cry from the more significant role they had hoped for.
As tensions between the EU and the US continue to rise, with Donald Trump's administration reportedly skeptical of European security efforts, the collapse of these talks may signal a deeper divide in Europe's relations with its key allies. The UK's decision on whether or not to join the fund will have far-reaching implications for British defense policy and its relationships with Brussels.