European Union—Member States Near Agreement That Would Allow U.S. To Participate In Defense Projects

European Union member states are finalizing an agreement that would permit non-members to take part in joint defense programs, reports Bloomberg News. Such projects have been a source of friction between Washington and the E.U. Washington says the E.U. is discriminating against U.S. firms, while the E.U. says it needs to build up its own capabilities. On Wednesday, the member states were expected to complete an agreement outlining the rules for third-party participation in such projects...