The European Council has approved a new $170 billion fund to help member states buy weapons and equipment to strengthen security and defence.
It’s the first stage of what’s called the ReArm Europe initiative.
It aims to boost spending by more than $840 billion before 2030.
Al Jazeera’s Hashem Ahelbarra reports from the city of Herstal in Belgium.
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on X: https://x.com/ajenglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish
Download AJE Mobile App: https://aje.io/AJEMobile
#Belgium #FNHerstal #EuropeanSecurity #DefenceIndustry #NATO #MilitarySpending #EU #EuropeanUnion #EUDefense #ReArmEurope #JointProcurement #EuropeanSecurity #DefenseSpending #AlJazeeraEnglish
