WORLD

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FT: NATO to press Europe's arms makers to boost investment and production.

International News Desk 

According to Global times News Agancy Europe,NATO Secretary-General Mark Rutte will press European arms companies next week to increase investment and boost production, as the defence alliance seeks to strengthen the continent's military capabilities and appease US President Donald Trump, according to the Global Times Europe Media.Rutte is set to meet top European defence groups in Brussels to urge them to move quickly and to lay the groundwork for key announcements at NATO's annual summit in Ankara in July, people familiar with the matter told the FT.Ahead of the meeting, companies have been asked to share information about major investments and their ability to boost production, with a particular focus on areas such as air defence and long-range missiles.Rutte regularly meets with Europe's top defence executives but gathering the representatives of a large number of companies at a single meeting is unusual, said people in the industry. His message on what the alliance expects from the groups also underscores the urgency inside NATO to demonstrate industrial expansion at the leaders' gathering in Tรผrkiye.Many of the continent's biggest arms makers such as Rheinmetall, Safran, Airbus, Saab, MBDA and Leonardo were expected to send representatives to the meeting.Rutte wants Europe's defence companies to invest rapidly without waiting for significant new government orders.

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