Michael Damianos Advocates for a Robust European Single Market to Enhance Defence

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Trade Minister Michael Damianos has called for a stronger European single market, aiming to leverage its advantages to enhance the EU’s defence sector. His remarks came during an informal European competitiveness council (Compet) meeting held in Nicosia on Tuesday, where he highlighted the increasing strategic significance of the defence industry for Europe’s security and resilience.

European single: Priorities for Defence Sector Enhancement

During the discussions, Damianos emphasised the necessity for EU instruments to better support cooperation, joint investments, and industrial modernisation within the defence sector. He stated, “A key priority is to bridge the gap between research and production on an industrial scale. The smooth functioning of the single market is essential in this regard, especially for small and medium-sized businesses in the defence sector.”

Focus on Small Member States

Addressing the needs of smaller member states, Damianos insisted that particular attention must be paid to ensuring that nations like Cyprus can both benefit from and contribute to the defence sector. His commitment reflects a broader sentiment echoed by Cypriot MEP Costas Mavrides, who also advocates for strengthening Europe’s defence industry and enhancing its independence from external influences.

Supporting Local Industries

Mavrides pointed out that many European small and medium-sized businesses are already involved in the defence sector, with specific progress noted in Cyprus. He remarked, “We need to strengthen it by simplifying processes, facilitating financing, and cooperation between large and small businesses from different member states.” This cooperative framework aims to foster a more integrated and efficient defence industry across Europe.

Significant EU Initiatives for Defence

One pivotal initiative in the EU’s new defence architecture is the Security Action for Europe (Safe) programme. This programme has enabled the Cypriot government to secure over €1 billion in funding last year. Defence Minister Vasilis Palmas noted that this funding is critical for the National Guard to acquire military hardware that aligns with its priorities until 2030.

Palmas remarked on the urgency of the Safe programme, stating, “The European Union’s needs to cover shortcomings are significant, and the mobilisation of equipment programmes and joint procurement programmes is becoming urgent.” The substantial investment of €150 billion by member states in joint procurement of high-tech weapons systems is also expected to catalyse a new era for European defence.

Vision for European Defence Autonomy

The overarching goal of these initiatives is to establish autonomy, technological dominance, and resilience within the European defence landscape. European Commission President Ursula von der Leyen previously lauded these efforts, asserting that “democracy is the foundation of our freedom, prosperity, and security.”

Von der Leyen further explained, “The European democracy shield will reinforce the core elements that allow citizens to live our shared democratic values every day – free speech, independent media, resilient institutions, and a vibrant civil society. This is Europe’s strength, and we must increase our collective capacity to protect it at all times.”

Looking Ahead

As discussions continue, the focus remains on creating a more robust and cohesive European single market that not only supports economic growth but also fortifies the continent’s defence capabilities. With the backing of key figures like Damianos and Mavrides, the initiative seeks to ensure that small and medium-sized enterprises play a vital role in this transformative journey.

The call for a more integrated approach to defence procurement and production resonates with the current geopolitical landscape, where European nations are increasingly recognising the importance of self-reliance in defence matters. The success of these proposed enhancements to the single market could redefine the future of Europe’s defence strategy.

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