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EU
The European Union and United States firmed their collaboration on critical minerals, signing a Memorandum of Understanding to enhance supply chain diversity and bolster national security. US Secretary of State Marco Rubio emphasised the importance of a broadening mineral base to mitigate risks associated with over-concentration in specific regions.
EU leaders have committed to enhancing security and economic ties with Middle East partners while advocating for a diplomatic resolution to the Iran war. Talks in Cyprus included discussions on rising energy prices due to the conflict and the potential formation of a multinational force to secure the Strait of Hormuz.
EU STRATEGY UPDATE
This morning, European Union leaders discuss mutual defence strategies amid growing geopolitical tensions.
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After 17 years as European Union members, Romania and Bulgaria will officially join the EU’s border-free Schengen travel zone on January 1, 2025. The decision allows citizens from both countries to travel to other Schengen countries like France, Spain, or Norway without requiring a passport.
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