The Permanent Structured Cooperation, or PESCO, is among the most ambitious EU defence initiatives. Launched in December 2017, it aims to increase defence cooperation among the participating EU Member States to a new level. Twenty-five participating states signed up to 20 more binding commitments to jointly plan, develop and invest in shared capability projects. As PESCO approaches its fifth anniversary, the PESCO Secretariat – the European Defence Agency (EDA), the European External Action Service (EEAS) and the European Union Military Staff (EUMS) – have prepared an annual PESCO Projects Progress Report which highlights the underlying diversity of progress in ongoing projects.
Read the full article on the PESCO website