All tagged PESCO

Terms like strategic autonomy and defense union have become commonplace in the face of wavering American commitments to NATO and the transatlantic alliance. The shift in the discussion hints at a move towards greater European collective action on the world stage. With the resurgence of China, the return of Russia, the retreat of the United States, and the rise of the rest, Europe needs to define its own grand strategy.

It is well known the world over that the European Union is a major economic power thanks to the single market. Yet, it is far behind other major world powers in arms development and sales. Despite the inclusion of weapons in the single market, there exists no common market for the defense. The advantages to unifying the defense industry and creating a single market for defense are clear and undeniable.