LONDON — Britain and the European Union have agreed to cooperate more closely on support for Ukraine, while promising a further deal allowing U.K. companies to benefit from an EU plan to boost defense spending.
The partnership struck by Prime Minister Keir Starmer and Commission President Ursula von der Leyen at Monday’s summit in London says the two sides will “swiftly explore” the potential for the U.K. to gain access to a €150 billion loan program for defense procurement.
The Commission’s fund allows states within the bloc to jointly procure weapons but is closed to non-EU countries that do not have a defense deal with the EU.