Canada Joins EU’s €150B Defense Scheme: Reactions and Implications
The SAFE initiative allows third countries to contribute up to 35% of the value of a weapons system, with Canada potentially exceeding this limit subject to fees. Negotiations also addressed intellectual property control and limitations on non-EU components for sensitive systems. Meanwhile, talks with the U.K. recently failed. Crucially, all 19 participating EU countries have submitted spending plans for SAFE loans, with 15 including substantial support for Ukraine.
John Q. Hosedrinker