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EU defence ministers are expected to agree rules for more competition in military markets (Photo: Dutch EU Presidency)

EU to increase competition in defence industry

EU defence ministers are expected to agree on a voluntary code to boost cross-border competition in military equipment in November.

The decision to open up Europe’s 30 billion euro defence market is likely to emerge as part of member state co-operation within the European Defence Agency, its chief executive Nick Witney suggested in an interview with the Financial Times.

Mr Witney said the project would be kicked off with one pilot area, which might cover various "land systems", s...

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EU defence ministers are expected to agree rules for more competition in military markets (Photo: Dutch EU Presidency)

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