Under SAFE, third countries can account for a maximum of 35 percent of the value of a weapons system paid for by the scheme; the U.K. was negotiating for a higher percentage, which would benefit the country\u2019s large arms industry.<\/p>\n
The negotiations have been tough, with London and Brussels clashing over how much the U.K. would have to pay to participate in joint procurements financed by SAFE. The U.K. was offering only millions of euros, while the EU slashed its initial request for London to pay between \u20ac4.5 billion and \u20ac6.5 billion to a lower \u20ac2 billion.<\/p>\n
A U.K. official stressed London sought to \u201cbase our offers on a clear, rigorous methodology\u201d but there \u201cwas just too big a gap\u201d with Commission expectations.<\/p>\n
Even without an agreement, the U.K. can still take part in joint procurements under the 35 percent threshold.<\/p>\n
\u201cWe’re still bullish about prospects for the U.K. exports industry \u2014 we\u2019re firmly in the in the place of wanting to work with our European allies. It’s bigger than this one scheme,\u201d the same U.K. official said.<\/p>\n
The head of the Commission\u2019s Directorate-General for Defence Industry and Space, Timo Pesonen, told EU ambassadors on Friday morning that there\u2019s no deal with the U.K., a diplomat told POLITICO.<\/p>\n","protected":false},"excerpt":{"rendered":"Under SAFE, third countries can account for a maximum of 35 percent of the value of a weapons…\n","protected":false},"author":2,"featured_media":291924,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[626,87218,105445,59,57,58,555,2363,50,11840,1351,416,118234,56,54,55],"class_list":["post-291923","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-canada","tag-european-defense","tag-european-defense-policy","tag-gb","tag-great-britain","tag-greatbritain","tag-industry","tag-negotiations","tag-news","tag-procurement","tag-security","tag-space","tag-timo-pesonen","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/291923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=291923"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/291923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/291924"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=291923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=291923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=291923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}