Nuclear And Defence Deals: On Tuesday, almost a hundred of the most influential corporate executives from Sweden and France are scheduled to gather in Stockholm’s City Hall, where it is anticipated that several collaboration agreements will be inked.
The two nations will then sign a collaboration agreement on nuclear research at Alfa Laval’s offices in Lund on Wednesday.
The CEO of corporate Sweden, Jan Larsson, who oversaw the planning of the gathering of corporate executives, told the TT newswire, “We hope to sign agreements on defence cooperation as well.”
Nuclear And Defence Deals
“France and Sweden are the global leaders in the military sector; this should be kept in mind while analysing the geopolitical environment. We thus aim to be in a position to negotiate formal agreements on collaboration in this field.”
Ulf Kristersson, the prime minister of Sweden, and President Macron underlined the significance of their nations’ defence cooperation in a joint piece published in the newspapers Dagens Nyheter and Les Echos.
Sweden and France are taking proactive measures to fortify our defence ties in response to the resurgence of challenges on the European continent. The two wrote, “both through our countries’ robust defence industries and by quickly allying with NATO.”
Leaders from the French defence companies Airbus and MBDA, as well as executives from major Swedish corporations including Ericsson, Vattenfall, and Ikea, are anticipated to attend the conference.
France Defence Space Agreement: Signs Pact With India To Launch Satellites
Sweden and France to shake hands
Government representatives informed the AFP newswire that the two nations will sign a statement of intent on air defence and surveillance systems, and that “in the next few days” a contract between MBDA and Saab, two major arms firms, would be agreed upon for the development of the Akeron anti-tank missile.
In 2023, France ranked as Sweden’s eighth-largest trading partner, purchasing items worth 78 billion kroner. Meanwhile, the 160 Swedish companies operating in France invested around €6 billion in France each year.
France has the largest share of nuclear power production in the world, with its 56 reactors providing about 70% of the country’s electricity needs.
Over the next 20 years, the Swedish government hopes to drive through a nuclear power resurgence by constructing a chain of new nuclear power plants.
