Regulation of the European Parliament and of the Council - June 7 2017

The European defence policy was identified as a key political priority in President Juncker's political guidelines of July 2014. This should be also viewed in connection with the fact that after decades of peace and stability, the Union is facing increased instability and new emerging security threats. This changing security environment demonstrated in a clear way that only through joint efforts in investing in security development and cooperation at all levels can we deliver on the expectations of Union citizens and our partners. For Europe to take over more responsibility for its defence, it is crucial to improve competitiveness and enhance innovation across the Union defence industry. [...]