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    MarketForces Africa » MarketForces News » EU Clears Way for Ukraine to Join Defence Fund Projects

    EU Clears Way for Ukraine to Join Defence Fund Projects

    Olu AnisereBy Olu AnisereNovember 6, 2025Updated:November 6, 2025 News No Comments2 Mins Read
    EU Clears Way for Ukraine to Join Defence Fund Projects
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    EU Clears Way for Ukraine to Join Defence Fund Projects

    Ukrainian companies will be able to take part in EU-funded defence research and development projects under a provisional agreement reached by negotiators from EU member states and the European Parliament.

    The Danish EU Council presidency said the agreement links Ukraine to the European Defence Fund, which aims to strengthen the competitiveness, efficiency and innovation of the European Union’s defence sector.

    The fund has a budget of around 9.5 billion euros (10.9 billion dollars) for the period 2021–27.

    According to the Danish presidency, negotiators also agreed to expand and simplify the use of EU budget funds for defence-related research and development and for investments in industrial capacity and infrastructure.

    To do so, several existing EU programmes, including Horizon Europe, are to be amended. The move comes against the backdrop of security concerns over Russia. Intelligence assessments suggest that Russia could be militarily capable of launching another war as early as 2030.

    Danish European Affairs Minister Marie Bjerre said the agreement sent a “strong message” that Europe was determined to invest in its security and remove obstacles along the way.

    By opening key EU programmes to defence-related investments, she said, the EU was strengthening efforts to support Europe’s defence and technology industry.

    “It is a necessary step towards a stronger, more resilient, and more capable Europe that can defend itself by 2030,” Bjerre said. Tanzania’s Internet Blackout, X Suspension Cost Over $238m – PIN

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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