The European Union and armaments. Getting a bigger bang for the euro

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Series Details No.63, August 2003
Publication Date August 2003
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The author of this Chaillot Paper, Burkard Schmitt, argues that the EU could play a useful role in the necessary reform of Europe's armaments sector because it could develop a more coherent institutional setting and bring in a broad set of relevant Community and CFSP instruments. Both could help to implement a comprehensive strategy in those three areas where action is mostly needed: procurement, research and the defence market. In particular, the paper develops a blueprint for the proposed European Armaments, Research and Capabilities Agency and shows how it could work. Moreover, it presents an outline for a European Defence Equipment Market based on Community law and gives some indication of how it could be formed.

Source Link Link to Main Source https://www.iss.europa.eu/content/european-union-and-armaments-getting-bigger-bang-euro
Related Links
European Union Institute for Security Studies: Chaillot Paper: No.59, April 2003 http://www.iss.europa.eu/uploads/media/chai59e.pdf

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