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Wednesday, December 17, 2008

European Parliament approves opening of defence market

The EU moved one step closer to a single market in the area of defence on Tuesday (16 December), with the European Parliament approving a commission proposal aimed at harmonising and simplifying national rules in this area.

"Today's approval brings us a decisive step forward towards setting up a true European defence equipment market," Guenter Verheugen, EU commissioner responsible for enterprise and industry and one of the initiators of this directive said after the vote.

The current Nice treaty provides that internal market rules are not applied to the defence market, allowing member states to exclude defence contracts from EU procurement rules.

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