EU set to shut UK and US out of Defence Fund

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EU set to shut UK and US out of Defence Fund

EU set to shut UK and US out of defence fund

12th June 2018 - 17:02 GMT | by ​Agence France-Presse in Brussels RSS

EU Defence FundThe European Union (EU) will on 13 June present its new $15.3 billion defence fund, but conditions for taking part will shut out ‘third countries’ including post-Brexit Britain and the US, officials have told AFP.

The European Defence Fund (EDF) is a major plank of the bloc's strategy to boost its ability to guarantee its own security, as it frets about the threat from Russia and the US' apparent ambivalence under President Donald Trump.

The money it offers for research and development when it starts in 2021 will only be available to EU member states – not Britain, which will have left by then, and not the US.

To qualify for EDF funding, ‘companies will have to be based in the European Union, have their infrastructure in the European Union and above all, decision-making cannot be controlled by an entity based outside the European Union,' an EU official told AFP, speaking on condition of anonymity.

This means a European subsidiary of a US defence manufacturer for example could not receive financing from the EDF.

These conditions will also apply to Britain, which is leaving the bloc in March 2019, another official confirmed to AFP – unless London negotiates a special defence cooperation deal.

This is despite Britain saying it wants security cooperation with the EU to be a key part of the two sides' future relationship.

The second official said: ‘Countries that are not members of the EU and the EEA (European Economic Area) will not be associated to the Fund unless a specific agreement is concluded to that aim. The programme is designed to apply as of 1 January 2021 and therefore for a Union of 27 Member States.’

Since the EU launched its defence cooperation pact in December 2017, there have been US concerns that it would become a protectionist vehicle used to shield European defence companies such as France's Dassault from American competition.

But Brussels insists there is no unfairness, with one official saying: ‘It is normal that European money goes to European companies. These conditions are not discriminatory. This is about reciprocity. To benefit from US funds, firms have to be based in the US, exclusively employ American personnel and no information can go back to the parent company if it is not based in the United States.’

European officials say the EDF will help free the bloc from dependence on the US and add to its ‘strategic autonomy.’

The EU has given the EDF a budget of $15.3 billion over the period 2021-2027, including $4.8 billion for research and $10.5 billion for developing military capabilities.

Yet another sign that the EU is pushing to have its own ARMY and COMMAND CENTRE without Britain or the U.S. being involved. As BREXIT takes effect we will yet see this develpment turn into a fully fledged EU ARMY.  This move once again is in perfect alignment with Bible Prophecy which has foretold 2500 years ago.  The EU will become a SUPERSTATE with a dominant FEDERAL GOVERNMENT described in the Bible as a Beast System due to its amalgamation of different countries and peoples into one State with one Voice.  Along with this development we expect to see Russia become more involved in Europe with links to a combined army.  Again it's interesting that they see the development of a EU Army as an important next step.

So WATCH this development as it is a sure sign that we are living in the last days before Christ's Return.  

This EU SUPERSTATE will along with Russia enter into a final conflict with Israel and the Middle East.  Germany is the key country in what Bible Prophecy refers to as the land of "Magog". The Land of MagogThey are spoken of militarily as the "King of the North".  Together the Bible says that Russia and the EU will invade the Middle East in the Last Days.  So Bible Students expect to see Germany and France taking a greater role in leading Europe.  It is also interesting to see Germany taking greater control of a continent they tried to take by war and failed.

Yet again we see in Todays News Headlines words that show how the Nations are fulfilling the latter day alignment of Nations as Prophesied by the Bible. 

See this article to learn more about this and the latter day prophecies of the Bible.

See this article for more on this subject: WHAT IS NEXT FOR EUROPE