The responsible minister, Thomas-Symonds, emphasized that participation in projects under the conditions for third countries was still possible.
According to British sources, talks about Great Britain joining the EU defense fund SAFE have failed. This is a serious setback for the desired realignment of relations after Brexit with the aim of strengthening the continent’s defense. The government in London announced on Friday that an agreement was not possible.
“The negotiations were conducted in good faith, but our position has always been clear: we will only sign agreements that are in the national interest and provide good value for money,” said Minister for Relations with the EU Nick Thomas-Symonds. Although it is disappointing that the talks could not be concluded, the British defense industry can continue to participate in projects on terms for third countries.
Prime Minister Keir Starmer announced a “new era” in Britain’s relations with the EU in May. At that time, a realignment of defense and trade relations was agreed, allowing Britain to negotiate accession to the €150 billion European Rearmament Fund.
A spokesman for the EU Commission declined to comment on the outcome of the talks, but said they were intensive and constructive. “If an agreement could not be found at this point, we must not forget that SAFE is open by design,” said the spokesman, referring to the participation options for third countries. The news had no impact on shares of Britain’s largest listed defense companies BAE Systems, Rolls-Royce and Babcock. (APA)