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Global Trade Alert

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EU: Establishment of the EUR 8 billion European Defence Fund (EDF)

Description

On 12 May 2021, the European Union adopted Regulation (EU) 2021/697 establishing the European Defence Fund (EDF) to support research and development projects in the defence sector. The fund has a budg...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 May 2021

Revocation date

31 Dec 2027

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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