Eu Pesco Agreement


Eu Pesco Agreement

Officials have planned 17 joint projects that will fall within the scope of the PESCO agreement, including: at the same time, the sealed agreement only provides for countries that « share the values on which the EU is based » and « respect the principle of good neighbourly relations with member states ». Third countries can only participate in joint projects if they bring « substantial added value » to the military project and « share the values on which the EU is based, » says the agreement negotiated by the German Presidency of the Council of the EU. The agreement is a step forward after a June 2018 stalemate and aims to revive efforts made three years ago to integrate the EU in the field of defence, which have faced significant bureaucratic hurdlees. . . .