NATO protection ministers have met with representatives of assorted protection trade companies, together with from Türkiye, in Brussels on the sidelines of the two-day gathering.
Representatives of 26 protection firms from the U.S. and Europe had been invited to affix a gathering in Brussels, the place Türkiye was represented by National Defense Minister Yaşar Güler.
The assembly was held on Thursday on the margins of the NATO protection ministers’ assembly that focuses on stepping up assist for Ukraine amid an ongoing warfare with Russia and strengthening deterrence and protection.
The protection ministers are additionally getting ready for NATO leaders’ summit to be held within the Lithuanian capital Vilnius on July 11-12.
Baykar and Roketsan had been the businesses invited from Türkiye, with CEOs Haluk Bayraktar and Murat İkinci, respectively, representing the companies on the reception.
During the talks, growing manufacturing, guaranteeing provide chain continuity, and boosting cooperation had been mentioned.
Ukraine and the EU had been additionally among the many contributors of the assembly.
DEFENSE INDUSTRY NEEDS REAL GROWTH IN EXPENDITURES: BAYKAR CEO
“During the meeting, which aimed to support collaborations to enhance the defense production capacities of NATO members, we shared our thoughts on the future of our industry,” Bayraktar mentioned on Twitter.
The Baykar CEO additionally mentioned he identified that NATO’s share of expenditures is regularly reducing whereas international protection spending is growing.
NATO, he mentioned, has misplaced 10% of its share of spending to China, Russia, and India prior to now 20 years, however its expenditures “have only grown by a modest 2% in real terms since 2000.”
He added: “The defense industry, which supports the global security understanding, needs real growth in expenditures for new capacity, planning, and investment.”
For his half, İkinci expressed his pleasure to be one of many representatives of the Turkish protection trade in Brussels.
“We have no doubt that the breakthroughs Türkiye has made in the field of defense are as valuable for the allied countries as they are for our country,” he mentioned on Twitter.
Since the start of Russia’s warfare on Ukraine, NATO Secretary General Jens Stoltenberg has known as on allies to extend protection manufacturing.
Meanwhile, some NATO members’ arms stockpile is reportedly dwindling as a result of navy assist to Ukraine.
Source: www.anews.com.tr
