The European Union aims to carve out a new “peace facility” from its next seven-year budget – co-financed with the member states – to support deployment and other costs associated with the union’s common security and defence policy (CSDP) missions, Federica Mogherini, the EU’s foreign and security policy chief, has said. Work on this and other CSDP-related proposals will begin in early 2018 so they are ready for the new budgetary period, she explained.
“We need to equip ourselves with the means and resources to live up to our new joint ambition on security and defence,” Mogherini told her audience of EU and allied diplomats, military officers, and industry officials in Brussels on 13 December at the EU Institute for Security Studies (EUISS) in Paris.
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