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The EU will strengthen cooperation on security in Asia and with Asian partners, in view of the importance of the region to global stability and security and thus to European interests. Priority areas are maritime security, cyber security, counter terrorism, CSDP and peacekeeping operations, hybrid threats, conflict prevention and the proliferation of chemical, biological, radiological and nuclear weapons. Pilot cooperation projects will be developed with key partners to concretely advance shared interests in these areas.
EU ministers of defence, meeting informally in Sofia on 4-5 May, reviewed advances in the framework of Permanent Structured Cooperation (PESCO) in the field of defence and discussed new projects to build further on the rapid progress made over the last two years. Following the budget proposal on 2 May which sees a 22-fold increase in EU defence spending for 2021-2027, EU High Representative Mogherini also announced her intention to present a detailed proposal by mid-June on the new European Peace Facility, an additional instrument to finance the EU's work on defence and military operations.
The EU and Japan have concluded negotiations on a Strategic Partnership Agreement. Complementing the new economic deal agreed in December liberalising trade, the political deal aims to facilitate common solutions to common challenges, such as climate change, energy supply and threats to security. It will help the EU and Japan to jointly promote peace, stability and prosperity globally, as well as an open international system.