International trade
Ukraine has significantly boosted its production of ammunition and military equipment, offering innovative solutions to military challenges and setting a trend in the global defense industry. This achievement was highlighted at the IDEF 2025 International Defence Industry Fair in Istanbul, Trkiye, where Ukraine showcased a diverse range of defense industry
Cabinet officials
At the 17th International Defense Industry Fair (IDEF-2025) in Istanbul, Bosnia and Herzegovina's Deputy Chairman of the Council of Ministers and Minister of Defense, Zukan Helez, met with representatives of major defense companies to discuss procurement agreements and cooperation opportunities. The meetings resulted in significant agreements for the
Cabinet officials
The UK and Turkey have reaffirmed their long-standing defence cooperation through the signing of a Memorandum of Understanding (MoU) for the procurement of Typhoon aircraft. The agreement was signed by Turkish Minister of National Defence Yasar Güler and UK Secretary of State for Defence John Healey at the International Defence
International trade
Amid an increase in global trade tensions, the European Union is ramping up anti-circumvention investigations and expanding trade defence measures across various sectors, including agriculture, chemicals, and processed industrial goods. The EU's Trade Remedies Authority has urged manufacturers and exporters, particularly those from Vietnam, to increase origin transparency
International trade
Malaysia and South Korea have agreed to expand cooperation in areas such as trade, investment, green transition, digitalisation, and defence, said Prime Minister Datuk Seri Anwar Ibrahim. The agreement was reached during a courtesy visit by South Korea's Special Envoy Kim Young Choon, who is currently on a
Cabinet officials
Turkish President Recep Tayyip Erdogan recently emphasized the country's defense industry prowess at the 17th International Defense Industry Fair in Istanbul. Erdogan announced that defense production localization has exceeded 80 percent, positioning Turkey as a major player in the global defense market. The president's comments come
International trade
The Prime Minister of Canada, Mark Carney, met with His Majesty King Abdullah II of Jordan, marking their first in-person meeting since Carney took office. The leaders of the two nations discussed strengthening bilateral commerce and investment, as well as combating terrorism and transnational crime. The meeting highlighted the long-standing
International trade
The Trade Remedies Authority (TRA) has released its Annual Report and Accounts for 2024-25, outlining its efforts to protect UK businesses from unfair trading practices. The report highlights the TRA's work in investigating and reviewing cases involving dumped or subsidised imports, and its commitment to creating a level
Defence spending
German Interior Minister Alexander Dobrindt has expressed support for Israel's attack on Iran's nuclear program, calling it a "real threat" to Israel's existence and Europe. Dobrindt visited Tel Aviv on Sunday and stated that Iran had received a clear message that its
Defence spending
The Scottish National Party's (SNP) stance on defence spending has been hailed as "bizarre" as they support membership in Nato while opposing nuclear weapons and refusing government funding for the direct manufacture of munitions. Former SNP defence spokesperson Stewart McDonald has criticized this policy, calling it
Missiles
The UK is woefully unprepared for missile attacks, with the country lacking fixed systems to intercept incoming missiles. A security and defence expert, Professor Anthony Glees, has urged the UK government to create a guide for citizens on how to prepare for potential war scenarios, including cyber and drone attacks,
Defence spending
European defence industry stocks are soaring, driven by a growing perception of increased security threats and investments in defence capabilities. Babcock, a leading nuclear submarine contractor, has made a triumphant return to the FTSE 100, with its stock climbing 13% after announcing a £200m buyback and raising profit targets. This
