Friday, July 3, 2009
EU Defence Contracts To Become More Transparent
From EU Observer:
EUOBSERVER / BRUSSELS – A code of conduct coming into force on Wednesday (1 July) in 25 EU member states and Norway is to bring more transparency in defence procurement contracts. But experts question its effectiveness as long as it is a non-binding agreement.
To be implemented by the European Defence Agency (EDA), the EU's intergovernmental co-operation body on military procurements, the code will set standards for side-deals made by national governments when they sign defence contracts.
Read more ....
My Comment: When I was young and studying military history, I was always intrigued by the pay-offs and corruption in the arms trade. Especially when it came to European defense contractors and their government allies.
30 years later .... we now have a code of conduct.
I guess this is progress.
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