UK set for talks over access to EU defence loans

The UK government is seeking talks with the European Union to secure access for UK-based companies to EU-funded defense projects and loans. This move comes as the UK aims to maintain its involvement in European defense initiatives, despite its withdrawal from the EU. The UK's participation in these EU defense programs has been a subject of negotiation since the country's departure from the European bloc. British ministers are keen to ensure that UK-based firms can continue to participate in and benefit from these EU-funded military projects. The talks are expected to focus on the terms and conditions under which UK companies can access the EU's defense loan facilities, which provide funding for research and development in the defense sector. Maintaining this access is seen as crucial for the UK's defense industry and its ability to collaborate with European partners on key military projects. The outcome of these discussions will have significant implications for the UK's defense capabilities and its continued integration with European security frameworks post-Brexit.