European Union's defence industrial strategy and its impacts on the Asia-Pacific region
Friday, August 23, 2024, 09:46 (GMT+7)
According to international analysts, the EU's Defence Industrial Strategy (EDIS) aims to put the defence industry on a wartime footing by fostering cooperation in investment, research, development, production, procurement, and ownership among EU defence contractors. This marks a shift away from the EU's initial emergency responses to the Russia - Ukraine conflict and signifies a long-term commitment to bolstering the defence industry's readiness