Keir Starmer with Ursula von der Leyen in London after the announcement of the new deal. EPA/Bloomberg
Keir Starmer with Ursula von der Leyen in London after the announcement of the new deal. EPA/Bloomberg
Keir Starmer with Ursula von der Leyen in London after the announcement of the new deal. EPA/Bloomberg
Keir Starmer with Ursula von der Leyen in London after the announcement of the new deal. EPA/Bloomberg

Britain and EU sign defence deal for 'dangerous new era'


Thomas Harding
  • English
  • Arabic

Britain and the the EU agreed on a “historic” new defence and security deal on Monday that will seek to standardise military equipment across the continent.

The recent unreliability of the US's military might and increased Russian belligerence has pushed the continent closer together as it faces the “greatest threat it has for generations”, said Ursula von der Leyen, the European Commission president. That meant Britain will now have partial access to the €150 billion ($168.78 billion) Security Action for Europe (Safe) fund to create greater homogeneity among Europe’s many and varied arsenals.

It will also allow the UK to co-operate far more closely on EU military missions, particularly in the Middle East, the Sahel and the Red Sea. Under the deal, Britain will move as close to Europe as it has been since the 2016 Brexit referendum, with restrictions lifted for tourists and young people as well as agreements on food and fishing.

European Commission President Ursula von der Leyen and British Prime Minister Keir Starmer at Lancaster House. EPA
European Commission President Ursula von der Leyen and British Prime Minister Keir Starmer at Lancaster House. EPA

Adversity calling

Announcing the deal in London, Ms von der Leyen hailed an “historic moment, because it is the first ever EU-UK summit and it is a success”, demonstrating the EU and UK now stand “side by side on the global stage”.

“The message we are sending to the world today is a message that at a time of global instability, when our continent faces the greatest threat it has for generations, we in Europe stick together,” she told the press conference at Lancaster House. With its armies holding an array of different weapon systems, making for inefficiencies and unnecessary complications, the EU’s main aim is to standardise its equipment.

It is looking to produce two main armoured vehicles and two types of artillery and then mass produce them and other kit as quickly as possible, while also potentially benefiting from exports. The new partnership “opens the door towards joint procurement”, said Ms von der Leyen, something she said was vital “to close the military gaps that we have”.

It will also increase “interoperability when our armed forces are going on missions together” and “will create new opportunities” for the continent’s defence industries. If successful – and previous European collaboration projects have proven difficult – it could well challenge the dominant American defence manufacturers.

UK Prime Minister Keir Starmer said the partnership was “vital in this dangerous new era” and dismissed criticism from Brexiteers. “It's time to move on from a stale, old debate, political fight, to focus on commonsense practical solutions which get the best for the British people,” he said.

A French Army Nexter Systems Leclerc battle tank. Bloomberg
A French Army Nexter Systems Leclerc battle tank. Bloomberg

Mission co-operation

The British government called it a “comprehensive, balanced and mutually beneficial security and defence partnership”. In a text outlining the agreement the Foreign Office said it had agreed to regular six-monthly policy meetings between the EU and Britain’s foreign and defence secretaries.

The partnership will also explore opportunities to collaborate on other priority regions such as Russia and Ukraine, the Arctic, the Middle East, Africa, in particular the Horn of Africa and the Sahel. The UK will also look at joint activities at sea, noting the EU and US-UK naval co-operation in operation Prosperity Guardian in the Red Sea.

Furthermore, Britain will consider its participation in the EU’s civilian and military crisis-management and “explore possibilities for further military co-operation”.

Anti-Brexit demonstrators outside Lancaster House. AFP
Anti-Brexit demonstrators outside Lancaster House. AFP

Brexit reversed?

Britain has experienced a 21 per cent drop in exports since former prime minister Boris Johnson’s Brexit deal was enacted five years ago harming GDP and growth. It is unclear how much the London deal will benefit the economy but British farmers will now be able to sell such products as sausages and burgers to the EU without great hindrance.

While the right-wing Conservative and Reform parties are aghast at the move to closer EU ties, the agreement will be welcomed by British tourists who have been forced to wait at customs rather than sailing through as they did before Brexit. Downing Street said it would allow British holidaymakers to use more eGates in Europe, “ending the dreaded queues at border control”.

Pets will also be able to travel more easily, with the reintroduction of pet passports for UK cats and dogs. Similarly lengthy lorry queues at border crossings will diminish by reducing red tape on food and drink as well as routine checks on animal and plant products, all of which will probably reduce supermarket prices.

Britain will avoid being hit by the EU’s carbon tax, due to come in next year, saving the economy £800 million ($1.06 billion) following an agreement on emissions. While nearly a generation of British youths have been hindered by restrictive visa rules, a new youth mobility scheme, aimed at those under 30, will give them much greater freedom on working and travelling in Europe.

Although there will be some protest from the UK fishing industry, the deal also includes a new fixed 12-year agreement over fishing rights with no increase – or decrease – in the amount EU boats can catch in British waters, an aspect that was pushed heavily by French President Emmanuel Macron.

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

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After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

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Updated: May 19, 2025, 5:56 PM