Proposal For A Regulation On Establishing The European Defence Industry Reinforcement Through Common Procurement Act.pdf

COM_COM20220349_EN.pdf
Preview of Proposal for a Regulation on Establishing the European Defence Industry Reinforcement through Common Procurement Act
🔗 Source: europarl.europa.eu
📊 Size: 774 KB
📄 Pages: 34 pages
⬇️ Downloads: 79

Summary

- Context: The EU's geopolitical situation has dramatically changed due to Russia's military aggression against Ukraine, requiring Member States to bolster defense capabilities. EU leaders committed to increasing defense expenditures, boosting innovation, and strengthening the EU defense industry.
- Defense Gaps: A Joint Communication identified financial, industrial, and capability gaps, with urgent and critical shortages in military equipment due to transfers to Ukraine and low stock levels.
- Proposed Solution: The European Commission proposed a Regulation establishing the European Defence industry Reinforcement through Common Procurement Act (Instrument) to incentivize cooperative defense procurement, benefiting the European Defence Technological and Industrial Base (EDTIB) while ensuring EU armed forces' ability to act, security of supply, and increased interoperability.
- Consistency: The Instrument is consistent with the European Defence Fund, other EU defense initiatives, the EU capability development plan, and the EU coordinated annual review on defense. It also aligns with relevant NATO activities.
- Legal Basis: The proposal is based on Article 173 TFEU (support to competitiveness of the European Industry). While subsidiarity is respected, cooperation in defense procurement presents advantages like increased interoperability and reduced costs, despite challenges such as administrative burden and differing national requirements.

Description

The European Commission proposes a Regulation to establish the European Defence Industry Reinforcement through Common Procurement Act. This proposal aims to bolster European defence capabilities in response to Russia's military aggression against Ukraine. The Regulation would enable Member States to pool their resources and capabilities to strengthen the EU's defence industry.

Technical Information

  • File Format: PDF
  • File Size: 774 KB
  • Pages: 34
  • Language: EN
  • Total Downloads: 79
  • Last Updated: 5 hours ago

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