Explore more publications!

Flemish region simplifies arms trade rules, invests in defense innovation

(MENAFN) Belgium’s Flemish region has approved a draft decree aimed at simplifying the trade of military goods, civilian firearms, key components, and ammunition, while also introducing a new Flemish Innovation and Industrial Strategy for Security and Defense program, according to reports.

The initiatives are intended to strengthen Flanders’ defense industry and enhance collaboration with European partners and NATO allies. Under the new rules, Flemish companies will find it easier to supply military goods and components within the EU and to established partner countries, with streamlined procedures and reduced processing times for European cooperation.

Existing safeguards remain in place. The export ban on weapons to Israel continues, and full permit requirements and strict end-use inspections still apply for high-risk destinations, including countries under sanctions or experiencing armed conflict.

Funding for the program will begin at €5 million ($5.8 million) and is expected to increase to €50 million annually by 2029, supporting innovation and industrial growth in the region’s defense sector.

MENAFN22122025000045017640ID1110512239


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions